River Corp's Total Assets at the End of Last Year

question 101

Multiple Choice

River Corp's total assets at the end of last year were $480,000 and its net income was $32,750.What was its return on total assets?

• A) 6.28%
• B) 5.73%
• C) 6.82%
• D) 6.48%
• E) 7.71%

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Definitions:

Social Sphere

Describes the domain of human interaction and relationships, encompassing the structures within society that influence social behavior and connectivity.

Withdrawal

A psychological and/or physical syndrome that occurs after cessation of or reduction in intake of a substance that was used regularly.

Activity Theory

The view that elderly people want and need to remain active in a variety of social spheres—with relatives, friends, and community groups—and become withdrawn only unwillingly, as a result of ageism.

Engaged

The state of being fully involved or interested in a particular activity or task, often leading to a higher level of productivity or understanding.