Calculate Return on Assets from the Following Information: Net Income

question 126

Multiple Choice

Calculate return on assets from the following information: Net income $1,800,000
Current Assets $350,000
Land and building $250,000

• A) 1:1
• B) 3:2
• C) 4:1
• D) 2:2
• E) 3:1

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Definitions:

Hypothetical Thinking

The ability to think about situations, propositions, or problems that are not based on immediate reality or current experiences.

Conservation of Mass

A fundamental principle in physics stating that mass is neither created nor destroyed in a closed system through any chemical or physical transformation.

Conservation of Volume

A cognitive ability in child development where the child understands that the volume of a substance remains constant even if its appearance changes.

Class Inclusion

A concept in cognitive development referring to the ability to understand that a category can include smaller subcategories.