The Following Information Is Available for the Year Ended December

question 145

Multiple Choice

The following information is available for the year ended December 31, Year 1:
$\begin{array}{lc}\text { Net income } & \$ 844,200 \\\text { Net sales } & 6,809,000 \\\text { Average total assets } & 5,911,000\\\text { Average shareholders' equity }&2,575,000\end{array}$
-Refer to the figure Red Oak Manufacturing.What is the DuPont analysis return on equity (ROE) ?

• A) 32.8%
• B) 34.1%
• C) 35.8%
• D) 38.9%

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Definitions:

Last-In, First-Served

A method of service or processing where the most recently arrived item or request is dealt with first, opposite to the first-in, first-served principle.

Queue Discipline

The order or method by which queue (wait line) elements are selected for service.

Limited Queue Length

A queue system in which the total number of items or customers that can wait in line is capped or limited.

Multiple Single-Channel Systems

Systems involving various individual pathways through which processes or transactions occur sequentially.