Dowling's Average Total Assets for 2009 Is

question 84

Multiple Choice

Dowling's average total assets for 2009 is:

• A)32.
• B)210.
• C)115.
• D)194.Return on assets = net income / (avg assets), so average assets = net income/ROA = 20 /.103 = 194.

---

Definitions:

Elizabethan Era

A period in English history marked by the reign of Queen Elizabeth I, noted for its achievements in the arts, exploration, and literature.

Whalebone

A strong, flexible material from the baleen plates of whales, historically used in corsets, whips, and other products.

Affects

Refers to the consequence or impact of one thing on another; can also refer to emotive expressions in psychology.

Clawed Toes

A condition where toes possess or resemble claws, often referring to a deformity or an animal's natural characteristic.