Use the Table for the Question(s)below

question 63

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:
Luther Corporation
Consolidated Income Statement
Year ended December 31 (in $ millions)
-Wyatt Oil has a net profit margin of 4.0%,a total asset turnover of 2.2,total assets of $525 million,and a book value of equity of $220 million.Wyatt Oil's current return-on-assets (ROA) is closest to:

• A)8.8%.
• B)9.5%.
• C)21.0%.
• D)22.8%.

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Definitions:

Ureter

(ureter) One of the paired tubular structures that conducts urine from the kidney to the bladder.

Urine Flow

The process by which urine moves from the kidneys to be expelled from the body.

Glomerular Filtrate

Glomerular filtrate refers to the fluid that passes from the blood into the Bowman's capsule in the kidneys during the filtration process of the urinary system.

Glomerulus

A network of capillaries located at the beginning of a nephron in the kidney, responsible for filtering blood to form urine.