From the Information Provided Below,management of an Entity Calculate the Return

question 26

Multiple Choice

From the information provided below,management of an entity calculate the return on assets (rounded to the nearest whole number) to be:
$\begin{array}{|l|r|}\hline\text{ Net profit after-tax }& \$ 109000 \\\hline \text{Net profit before interest and tax }& 152000 \\\hline \text{Beginning balance of total assets} & 620000 \\\hline \text{Ending balance of total assets} & 840000 \\\hline\end{array}$

• A) 15%
• B) 21%
• C) 18%
• D) 13%

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Definitions:

Chain of Reasoning

A sequence of statements or steps of logic that lead from premises to a conclusion.

Conclusion

The final part of something, such as an argument or text, summarizing or stating the end result.

Analyzing Argument

The process of evaluating the structure and content of an argument to assess its validity and soundness.

Logical Structure

The arrangement and relationship of components within a statement or argument that determines its validity.