Based on the Partial Balance Sheet of Marco Investments, Find

question 88

Multiple Choice

Based on the partial balance sheet of Marco Investments, find the rate of return on total assets. $$\begin{array} { | l | r | } \hline \text { Total Assets, December } 31,2014 & \$ 187,365 \\\hline \text { Total Assets, December } 31,2013 & \$ 138,895 \\\hline \text { For Year Ended December 31,2014 } & \\\hline \text { Interest Expense } & \$ 6,795 \\\hline \text { Net Income } & \$ 18,082 \\\hline\end{array}$$

• A) 9.65%
• B) 15.25%
• C) 5.74%
• D) 6.91%

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The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, leading to market balance.

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