A Company Had Net Income of $2,785,000,net Sales of $250,000,000,average

question 175

Multiple Choice

A company had net income of $2,785,000,net sales of $250,000,000,average total assets of $6,000,000,and equity investments of $40,000.Its return on total assets equals:

• A)$3,215,000
• B)41.67%
• C)21.54%
• D)69.63%
• E)46.42%

Comprehend the process and implications of consent orders in business law.

Recognize the Federal Trade Commission’s role and structure, including the appointment of commissioners and their terms.

Identify the legal recourse available to businesses under FTC actions and the consequences of non-compliance.

Understand the division of regulatory responsibilities between the FTC and the Food and Drug Administration (FDA).

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Definitions:

Chronic Fatigue

A complex medical condition characterized by extreme fatigue that does not improve with rest and has no underlying medical cause.

Alarm Reaction Stage

The initial phase of the stress response, in which the body prepares to fight or flee from a threat.

General Adaptation Syndrome

Describes the body's short and long-term reactions to stress, incorporating the development of adaptation mechanisms to handle stress.

Endocrine System

A network of glands in the body that secretes hormones directly into the circulatory system to regulate the body's functions.