Given the Following Financial Data: Net Income/sales = 6%; Sales/total

question 102

Multiple Choice

Given the following financial data: net income/sales = 6%; sales/total assets = 3.5; debt/total assets = 30%.The return on total assets is:

• A)15%
• B)21%
• C)30%
• D)not enough information available

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Definitions:

Automatic recall

The ability to retrieve information from memory effortlessly without conscious effort, often seen in well-learned tasks or facts.

Repetition

The act of doing or saying something again and again, often for learning or mastery.

Rheumatoid arthritis

An autoimmune disorder that causes chronic inflammation of joints, leading to pain, swelling, stiffness, and potential loss of function.

Anti-inflammatory drugs

Medications designed to reduce inflammation and alleviate pain, often utilized in the treatment of conditions like arthritis.