The Formula for the Rate of Return on Total Assets

question 89

Multiple Choice

The formula for the rate of return on total assets ratio is:

• A)net income less interest expense divided by total assets at the end of the year.
• B)net income plus interest expense divided by total assets at the end of the year.
• C)net income plus interest expense divided by average total assets.
• D)net income less interest expense divided by average total assets.

---

Definitions:

Stress Reaction

The body's response to any demand or threat, involving physiological and psychological adjustments.

Lymphocyte

A type of white blood cell that is part of the immune system, helping the body to fight infections and diseases.

Macrophage

A type of white blood cell that engulfs and digests cellular debris, foreign substances, microbes, and cancer cells in a process called phagocytosis.

Monastic Life

A way of living that involves renunciation of secular pursuits to dedicate oneself fully to spiritual work, often in a community of monks or nuns.