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

question 2

Multiple Choice

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

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

---

Definitions:

Valued And Respected

Feeling acknowledged and esteemed by others, affirming one's worth and contributions in a community or relationship.

Professional Pathways

Career trajectories or routes that individuals can follow based on their education, skills, and interests in a professional context.

Patient Rooms

Rooms within a healthcare facility allocated for patients to stay in during treatment or recovery.

Magnet Status

A designation given to hospitals that meet certain criteria for nursing excellence and patient care.