Rattner Company Has the Following Information Available for the Year

question 45

Multiple Choice

Rattner Company has the following information available for the year 2014:
$$\begin{array} { | l | r | } \hline \text { Total assets, January 1 } & \$ 420,000 \\\hline \text { Total assets, December 31 } & 500,000 \\\hline \text { Net income } & 37,400 \\\hline \text { Interest expense } & 4,000 \\\hline\end{array}$$
How much is the return on total assets? (Please round to two decimal places.)

• A) 0.10
• B) 0.04
• C) 0.09
• D) 0.12

Understanding the classifications of crimes as defined in the Model Penal Code.

Identifying the proof burden in criminal cases.

Differentiating between felonies, misdemeanors, petty offenses, infractions, and federal crimes.

Recognizing the legal concepts of actus reus and mens rea in establishing criminal liability.

---

Definitions:

Franchisee

An individual or company that is granted the right to do business under the franchisor's brand and system in exchange for a fee.

Salaried Manager

An employee who receives a fixed amount of compensation from an employer, typically on a monthly or yearly basis, regardless of the number of hours worked.

Risk

The exposure to the possibility of loss or damage as a result of a given action, decision, or event.

Franchisee

An individual or company that acquires the rights from a franchisor to operate a business under the franchisor's brand and system.