Based on the Partial Balance Sheet of Marco Investments,Inc A)942%
B)19

question 4

Multiple Choice

Based on the partial balance sheet of Marco Investments,Inc. ,compute the rate of return on total assets. $$\begin{array} { | l | r | } \hline \text { Total Assets, December 31,2017 } & \$ 191,000 \\\hline \text { Total Assets, December 31,2016 } & \$ 149,000 \\\hline \text { For Year Ended December 31, 2017: } & \\\hline \text { Interest Expense } & \$ 15,000 \\\hline \text { Net Income } & \$ 18,000 \\\hline\end{array}$$

• A)9.42%
• B)19.41%
• C)9.71%
• D)1.76%

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