FastForward Reported Net Income of $17,500 for the Past Year

question 203

Essay

FastForward reported net income of $17,500 for the past year.At the beginning of the year the company had $200,000 in assets.By the end of the year,assets had increased to $300,000.Calculate the return on assets.

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Definitions:

Consequences Of Response

The outcomes or results that follow from the actions or reactions of an individual or system.

Token Economy

A behavioral therapy method where desirable behaviors are reinforced with tokens that can be exchanged for rewards.

Old Behavior

Pre-established patterns of action that are familiar to an individual but may no longer be effective or desirable.

New Behavior

Actions or reactions that are newly acquired or displayed by an individual, differing from their previous behavior patterns.