The Following Information Is Available for the Novin Company What Is the Return on Sales for the Year Ended

question 106

Multiple Choice

The following information is available for the Novin Company:
$\begin{array} { l } \text { Net income for the year ended December } 31,2014&\$177.4\\ \text { Sales for the year ended December 31,2014}&1,606.0\\ \text { Retained earnings, December 31, 2014 }&150.0\\ \text {Retained earnings, December 31, 2013 }&180.0\\ \text {Total assets, December 31, 2014 }&470.0\\ \text { Total assets, December 31, 2013}&442.0\\ \text {Total liabilities, December 31, 2014 }&240.0\\ \text {Total liabilities, December 31,2013 }&182.0\\\end{array}$

What is the return on sales for the year ended December 31,2014?

• A) 2.9%
• B) 7.9%
• C) 11.0%
• D) 33.9%

---

Definitions:

Adlerian Therapy

A psychological therapy based on the theories of Alfred Adler, focusing on creating a sense of belonging and significance within communal and social contexts.

WDEP Model

A cognitive-behavioral approach in therapy focusing on Wants, Doing (current behaviors), Evaluation, and Planning for change.

Family Therapy

A form of psychotherapy that aims to resolve issues and improve communication within the family unit, treating the family as a whole.

Individual Therapies

A form of therapy focusing on treating the patient as an individual, often involving one-on-one sessions between the therapist and the patient.