What Is Jane's Rate of Return on Total Assets If

question 72

Multiple Choice

What is Jane's rate of return on total assets if total assets are $100,000,net income is $2,000,interest expense is $1,600,and income tax is $2,000?

• A)4.6%
• B)5.2%
• C)5.6%
• D)2.3%

---

Definitions:

Scientific Methods

A systematic approach used in scientific research to gather data, formulate and test hypotheses, and draw conclusions based on empirical evidence.

Job Satisfaction

A measure of how content an individual is with their job, encompassing various factors such as work environment, role clarity, and compensation.

Absenteeism

The habitual non-presence of an employee at their job, which can be due to various reasons including illness, personal issues, or disengagement from work.

Directing And Controlling

Leadership activities focused on guiding team efforts towards goal achievement and ensuring that these efforts comply with organizational standards and objectives.