The Lastrom Company Provided the Following Information Regarding Its Operations

question 15

Multiple Choice

The Lastrom Company provided the following information regarding its operations: 2014 Total assets $750,000
2015 Total assets $800,000
2014 Net operating income $1,875,000
2015 Net operating income $1,925,000
2014 Net sales $4,525,000
2015 Net sales $5,100,000
What is Lastrom's ROI for the year ending 2015?

• A)2.48%.
• B)2.72%.
• C)2.40%.
• D)2.50%.

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Definitions:

Ethical Treatment

The application of morally correct procedures and interactions, especially in professional and personal relations.

Bias And Prejudice

The inclination or prejudgment towards individuals, groups, or ideas without fair justification, often based on stereotypes or unfounded beliefs, that can affect decisions and actions.

Ethical Dilemma

A situation where a person must choose between conflicting moral principles, with no option clearly being the right choice.

Profitability Estimates

Calculations or projections concerning the amount of profit a business is expected to generate over a certain period.