Based on the Following Information for Montana Investments,Inc A) 942%
B) 19

question 181

Multiple Choice

Based on the following information for Montana Investments,Inc.,compute the rate of return on total assets.(Round the percentage to two decimal places.) $$\begin{array} { | l | l | } \hline \text { Total Assets, December 31,2019 } & \$ 191,000 \\\hline \text { Total Assets, December 31,2018 } & \$ 149,000 \\\hline \text { For Year Ended December 31, 2019: } & \\\hline \text { Interest Expense } & \$ 15,000 \\\hline \text { Net Income } & \$ 18,000 \\\hline\end{array}$$

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

---

Definitions:

Daily Job Assignments

Tasks or duties assigned to an employee to be completed within a single workday.

Temporary Work Team

A group of individuals assembled for a limited period to achieve a specific objective, and disbanded once the goal is completed.

Dependency

A situation in which one entity relies on another for support, materials, or resources.

Synergy

Synergy occurs when the combined effort of a group or system produces a greater effect than the sum of their individual effects, often leading to enhanced performance or outcomes.