Moon Shoe Factory Is an Investment Center and Is Responsible

question 123

Multiple Choice

Moon Shoe Factory is an investment center and is responsible for all of their net income and the use of their assets. In 2012, the invested assets totaled $475,000 and net income was $125,000. What is the rate of return on assets?

• A) 26.3%
• B) 25.0%
• C) 4.0%
• D) 380.0%

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Definitions:

Regression

A return to a former or less developed state, or in statistics, a measure of the relationship between variables.

Therapeutically

In a manner or mode intended for healing or treating illness.

Uniform Determination

A consistent and unwavering decision-making process.

Death Act

Official documentation or legalization of an individual's death, including the cause, time, and place of death.