Calculate Return on Assets from the Following Information: Net Income

question 4

Multiple Choice

Calculate return on assets from the following information: Net income $1,800,000
Return on equity 25%
Current Assets $350,000
Land and building $250,000
Sales $1,500,000

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

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Definitions:

Physiological Risk

The potential for bodily harm or adverse health outcomes arising from physical or biological factors.

Hypertension

A chronic medical condition characterized by elevated blood pressure in the arteries, posing a risk for heart disease and stroke.

High Cholesterol

A condition characterized by elevated levels of cholesterol in the blood, which can increase the risk of developing cardiovascular diseases.

Heart Attack

A medical condition that occurs when the flow of oxygen-rich blood to a section of heart muscle is blocked, which can damage or destroy the heart muscle.