Determine the Return on Assets ROA) for a Venture with the Following

question 2

Multiple Choice

Determine the return on assets ROA) for a venture with the following financial information: revenues = $500,000; net profit = $70,000; and asset turnover = 2.00 times.

• A) 10%
• B) 14%
• C) 20%
• D) 28%
• E) 34%

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Definitions:

Homophobia

The fear, aversion, or discrimination against homosexuals or homosexuality.

Masculinity

A set of attributes, behaviors, and roles associated with boys and men as influenced by culture, society, and personal choice.

Economic Achievement

The attainment of financial goals or milestones, often measured by income, wealth, or status.

Organizational Power

The capacity or ability of individuals or groups within an organization to influence others, make decisions, and control resources.