-Refer to the Following Selected Financial Information from Shakley's Incorporated

question 4

Multiple Choice

$$\begin{array} { | l | r | r | } \hline & { \text { Year 2 } } & \text { Year 1 } \\\hline \text { Net sales } & \$ 478,500 & \$ 426,250 \\\hline \text { Cost of goods sold } & 276,300 & 250,120 \\\hline \text { Interest expense } & 9,700 & 10,700 \\\hline \text { Net income before tax } & 67,250 & 52,680 \\\hline \text { Net income after tax } & 46,050 & 39,900 \\\hline \text { Total assets } & 317,100 & 288,000 \\\hline \text { Total liabilities } & 181,400 & 167,300 \\\hline \text { Total equity } & 135,700 & 120,700 \\\hline\end{array}$$
-Refer to the following selected financial information from Shakley's Incorporated.Compute the company's return on total assets for Year 2.

• A) 9.6%.
• B) 15.2%.
• C) 2.6%.
• D) 22.2%.
• E) 14.5%.

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Definitions:

Social Relationships

Interactions between individuals that can be emotional, social, or professional in nature, shaping how they connect and interact within society.

Adolescents

Individuals in the transitional stage of development between childhood and adulthood, typically ranging from ages 13 to 19.

Loneliness

A complex and unpleasant emotional response to isolation or lack of companionship, often involving feelings of anxiety and depression.

Parent-teen Relationships

Parent-teen relationships refer to the dynamic and interactions between parents and their adolescent children, often characterized by changes in dependency, conflict, and communication.