A Company Has a Return on Assets of 8

question 34

Multiple Choice

A company has a return on assets of 8.7 percent and a return on equity of 14.6 percent. If the company has equity of $265,000, what are the company's total assets?

• A) $444,713
• B) $442,906
• C) $445,318
• D) $446,285
• E) $445,864

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Definitions:

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their culture, becoming functioning members of society.

Life Course

A sociological concept that studies individuals and societal dynamics by examining an individual's lifetime, from birth through aging, within the context of their historical, cultural, and social experiences.

Generalized Other

The concept in symbolic interactionism that represents an individual's internalized attitude of the larger community.

Childhood Socialization

The process by which children learn and internalize the values, behaviors, and norms of their culture or society.