Juventus Corp Has Total Assets of $4,744,288, Total Debt of $2,912,000

question 53

Multiple Choice

Juventus Corp has total assets of $4,744,288, total debt of $2,912,000, and net sales of $7,212,465. Their net profit margin for the year is 18 percent. What is Juventus's return on assets (ROA) ? Round intermediate calculations to nearest dollar and percentage answer to one decimal place.

• A) 25.6%
• B) 18%
• C) 27.4%
• D) None of the above

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Definitions:

Protein Synthesis

The process by which cells build proteins based on genetic instructions, involving transcription and translation stages.

Golgi Apparatus

A cell organelle involved in modifying, sorting, and packaging proteins and lipids for secretion or use within the cell.

Rough Endoplasmic Reticulum

A network of membranous tubules within a cell, studded with ribosomes, involved in protein synthesis and folding.

Organelle

A specialized subunit within a cell that has a specific function, enclosed within its own lipid membrane.