Assume MetAmbit Inc

question 61

Multiple Choice

Assume MetAmbit Inc. had net income of $2,500 for the year ending December, 2014. Its beginning and ending total assets were $35,500 and $20,500, respectively. Calculate MetAmbit's return on assets (ROA) . (Round your percentage answer to two decimal places.)

• A) 12.57%
• B) 5.85%
• C) 8.93%
• D) 9.50%

---

Definitions:

Symbolic Immortality

The notion that one can achieve immortality through lasting contributions to society, leaving a legacy, or being remembered by others.

Organ Donations

The process of donating one's organs or tissue to be transplanted into another person in need, often to save or significantly improve the recipient's life.

Religious People

Refers to individuals who follow and practice a specific set of beliefs, rituals, and moral codes based on the teachings of a religion.

Symbolic Immortality

The concept of achieving a sense of perpetuity beyond one's death through contributions to society, remembrance by others, or through creations or offspring.