The Balance Sheet of Computer World Reports Total Assets of $350,000

question 40

Multiple Choice

The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year,respectively.Sales revenues are $800,000,net income is $100,000,and net cash flows from operating activities are $150,000.What is Computer Worlds' cash return on assets?

• A) 33.3%.
• B) 42.9%.
• C) 25.0%.
• D) 37.5%.