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question 145

Multiple Choice

[The following information applies to the questions displayed below.]
Shown below are selected data from the financial statements of Noble Computers.(Dollar amounts are in millions,except for the per share data. )
Noble reported earnings per share for the year of $6 and paid cash dividends of $2.00 per share.At year-end,the Wall Street Journal listed Noble's capital stock as trading at $81 per share.
-Noble's return on assets was:

• A)2.6%
• B)21%.
• C)26%.
• D)37%.

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Definitions:

Argument

A set of statements or reasons made to support or oppose a proposition.

Cheerleading

An activity involving performance of routines consisting of tumbling, dance, jumps, cheers, and stunting to direct spectators’ attention to events and support sports teams.

Promotion

The process or act of raising someone to a higher position or rank, or the act of advertising or pushing for the sale of products or services.

Argument

A series of statements or reasons made to support or oppose a conclusion.