Bryant,Inc.provides the Following Data

question 165

Multiple Choice

Bryant,Inc.provides the following data:

Additional information:

Calculate the rate of return on total assets for 2017.(Round your answer to two decimal places. )

• A)46.95%
• B)63.29%
• C)71.98%
• D)52.28%

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Definitions:

Monthly Interest Rate

The interest rate applied to a loan or debt on a monthly basis, often used for calculating monthly payments on a loan.

Carrying Cost

The total cost of holding inventory, including storage, insurance, taxes, and opportunity costs, but not limited to these.

Restocked Inventory

Inventory items that have been replenished or added to, typically after being sold or used up.

Total Carrying Costs

The sum of all expenses associated with holding a particular investment or inventory, including storage, interest, depreciation, and insurance.