You Have Been Provided the Following Information About Wert Inc

question 32

Multiple Choice

You have been provided the following information about Wert Inc. $$\begin{array} { | l | c | r | } \hline \text { (in thousands of dollars) } & 2005 & 2006 \\\hline \text { Sales } & \$ 2,456 & \$ 3,778 \\\hline \text { Net Income } & \$ 172 & \$ 202 \\\hline \text { Interest expense } & \$ 50 & \$ 55 \\\hline \text { Total Assets } & \$ 1,800 & \$ 1,950 \\\hline \text { Tax Rate } & 35 \% & 35 \% \\\hline\end{array}$$ Return on Assets for 2006 is:

• A) 13.71%
• B) 12.68%
• C) 10.77%
• D) 13.21%

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