Speedy Has Net Income of $18,955,and Assets at the Beginning

question 102

Multiple Choice

Speedy has net income of $18,955,and assets at the beginning of the year of $200,000.Assets at the end of the year total $246,000.Compute its return on assets.

• A)7.7%.
• B)8.5%.
• C)9.5%.
• D)11.8%.
• E)13.0%.

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Definitions:

Elevated Serotonin

A condition where there is an increased level of serotonin, a neurotransmitter involved in mood regulation, in the body which could affect mental and physical health.

Physical Symptoms

Observable or experiential indicators of a medical condition or disease, such as pain, fever, or fatigue.

False Memory Syndrome

The phenomenon wherein a person recalls a memory that is not accurate, often due to suggestive psychological influence or therapy.

Repressed Memories

Memories that have been unconsciously blocked due to the memory being associated with a high level of stress or trauma.