Use the Table for the Question(s)below

question 80

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:

-Luther's return on assets (ROA) for the year ending December 31, 2012 is closest to:

• A)1.6%
• B)6.7%
• C)2.3%
• D)2.6%

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Definitions:

Expected Value

The weighted average of all possible values of a random variable, with the weights being the probabilities of the outcomes.

Portfolio

A blend of financial contributions, featuring stocks, bonds, market commodities, ready money, and equivalents of cash, comprising also mutual funds and ETFs.

Stocks

Shares of ownership in a corporation or financial asset, which represent a claim on the company's earnings and assets.

Investment

Allocation of resources, such as time, money, or effort, in the expectation of generating a future benefit or return.