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%

---

Definitions:

Thick Beaks

A characteristic of some birds that have evolved robust, heavy beaks to crush or crack hard food sources.

Chyme

Mix of food and gastric fluid.

Large Intestine

Organ that receives digestive waste from the small intestine and concentrates it as feces.

Mouth

The opening in an animal's body that is the beginning of the digestive tract, through which food is ingested.