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

Question 150

Multiple Choice

Selected current year company information follows:
 Net incane $15,953 Net sal es 712,855 Tutal liabilities, bepinging-year 83,932 Tutal liabilities, end-uf-year 103,201 Tutal stuckhalder’ equity, beginging-year..... 198,935\begin{array} { l | r } \text { Net incane } & \$ 15,953 \\\hline \text { Net sal es } & 712,855 \\\hline \text { Tutal liabilities, bepinging-year } & 83,932 \\\hline \text { Tutal liabilities, end-uf-year } & 103,201 \\\hline \text { Tutal stuckhalder' equity, beginging-year..... } & 198,935 \\\hline\end{array}
The return on total assets is:


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

Correct Answer:

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