A Business Reports the Following in Its Financial Statements Its Rate of Return on Total Assets Is:
A) 19

question 5

Multiple Choice

A business reports the following in its financial statements:
$$\begin{array} { l r } \text { Net profit before tax } & \$ 150 \\\text { Interest expense } & 20 \\\text { Income tax expense } & 30 \\\text { Total assets at the beginning of the year } & 700 \\\text { Total assets at the end of the year } & 850\end{array}$$ Its rate of return on total assets is:

• A) 19.4%
• B) 21.9%
• C) 16.8%
• D) 4.83%

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Definitions:

Reason

The power of the mind to think, understand, and form judgments logically.

Contentious Negotiations

Refers to negotiation situations that are marked by disagreement, dispute, or conflict, often involving significant differences of opinion.

Intergroup Negotiations

The process where representatives of groups or organizations engage in discussions to resolve conflicts, reach agreements, or form partnerships.

Party's Identity

Party's Identity refers to the distinguishing characteristics or personality of an individual, group, or political entity participating in a process or event.