Selected Current Year Company Information Follows The Return on Total Assets Is:
A) 2

question 53

Multiple Choice

Selected current year company information follows: $\begin{array}{lr}\text { Net income}&\$15,953\\\text {Net sales }&712,855\\\text { Total liabilities, beginning-year}&83,932\\\text {Total liabilities, end-of-year }&103,201\\\text {Total stockholders' equity, beginning-year }&198,935\\\text {Total stockholders' equity, end-of-year }&121,851\\\end{array}$
The return on total assets is:

• A) 2.24%
• B) 2.81%
• C) 3.64%
• D) 4.67%
• E) 6.28%

---

Definitions:

Anti-Discrimination Policy

A policy designed to prevent unfair treatment of individuals based on certain protected characteristics, such as race, gender, age, or sexual orientation.

Right of Indemnification

The right of an individual or entity to be reimbursed for losses, damages, or expenses incurred as a result of fulfilling their contractual or legal obligations.

Reimbursement

The process of compensating someone for out-of-pocket expenses incurred on behalf of another party.

Strict Liability

A legal principle where an individual or entity is responsible for damages or harm caused by their actions, regardless of negligence or intent.