The Balance Sheets at the End of Each of the First

question 105

Multiple Choice

The balance sheets at the end of each of the first two years of operations indicate the following: If net income is $115,000 and interest expense is $30,000 for 2012 what is the rate earned on total assets for 2012 (round percent to one decimal point) ?

• A) 9.3%
• B) 10.1%
• C) 8.0%
• D) 7.4%

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Definitions:

Intrinsic Motivation

The act of doing something without any obvious external rewards, driven by personal satisfaction or the enjoyment of the activity itself.

Self-Efficacy

Describes an individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Inward Achievement

The accomplishment of personal goals, growth, or development without necessarily having external recognition or validation.

Extrinsic Motivation

The drive to perform or engage in an activity due to external rewards or pressures rather than for the satisfaction derived from the activity itself.