Last Year the Return on Total Assets in Jeffrey Company

question 131

Multiple Choice

Last year the return on total assets in Jeffrey Company was 8.5%.The total assets were 2.9 million at the beginning of the year and 3.1 million at the end of the year.The tax rate was 30%,interest expense totaled $110 thousand,and sales were $5.2 million.Net income for the year was:

• A)$145,000
• B)$222,000
• C)$332,000
• D)$178,000

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Definitions:

SUD Supervisors

Supervisors who specialize in overseeing substance use disorder treatment programs, ensuring clinical staff adhere to best practices in treating individuals with substance use issues.

Supervisory Training

Training programs designed to equip individuals with the skills, knowledge, and competencies needed to effectively supervise and manage others.

Embracing Expertise

The act of recognizing, valuing, and utilizing the specialized knowledge and skills of individuals or entities for improved outcomes.

Approved Clinical Supervisor

An Approved Clinical Supervisor is a licensed mental health professional who meets specific criteria for training, experience, and competency to supervise clinicians seeking licensure or certification.