Cloverton Corporation Had Net Income of $30,000,net Sales of $1,000,000,and

question 47

Multiple Choice

Cloverton Corporation had net income of $30,000,net sales of $1,000,000,and average total assets of $500,000.Its return on total assets is:

• A)3%
• B)200%
• C)6%
• D)17%
• E)1.5%

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Definitions:

Decade

A period of ten years.

Nociception

The sensory nervous system's response to certain harmful or potentially damaging stimuli, perceived as pain.

Kinesthesia

Kinesthesia refers to the awareness of the position and movement of parts of the body via sensory organs in the muscles and joints.

Thermoception

The sensory perception of temperature.