Assume All Assets Are Operating Assets; All Current Liabilities Are

question 42

Multiple Choice

$$\begin{array} { | l | r | r | } \hline & { 2006 } &{ 1005 } \\\hline \text { Current assets } & \$ 4,650 & \$ 4,730 \\\hline \text { Long-term assets } & 7,120 & 6,450 \\\hline \text { Current liabilities } & 1,440 & 1,340 \\\hline \text { Long-term debt } & 3,830 & 3,760 \\\hline \text { Common equity } & 6,500 & 6,080 \\\\\hline \text { Operating income } & 2,140& \\\hline \text { Interest expense } & 240 & \\\hline \text { Tax expense } ( 40 \% ) & 760& \\\hline \text { Net income } & 1,140 & \\\hline\end{array}$$ Assume all assets are operating assets; all current liabilities are operating liabilities.
-Return on net operating assets for 2005 is:

• A) 11.30%
• B) 12.73%
• C) 9.93%
• D) 11.19%

---

Definitions:

Hypothalamus

A region of the brain that plays a central role in controlling hormones, body temperature, hunger, thirst, fatigue, sleep, and circadian cycles.

Amygdala

A region of the brain that is crucial for emotion processing, particularly fear and pleasure, influencing both emotional responses and memory formation.

Ethology

The scientific study of animal behavior, often with a focus on behavior under natural conditions, and viewing behavior as an evolutionarily adaptive trait.

Frustration-Aggression Hypothesis

Originally the idea that aggression is always preceded by frustration and that frustration inevitably leads to aggression. Revised to suggest that frustration produces an emotional readiness to aggress.