The records of Marshall Company include the following:
-The return on assets (calculated using the modified method discussed in the text)is closest to:
A)14.9%.
B)18.3%.
C)15.3%.
D)14.7%.

Question

The records of Marshall Company include the following:  
-The return on assets (calculated using the modified method discussed in the text)is closest to:
A)14.9%. 
B)18.3%. 
C)15.3%. 
D)14.7%.

Quizplus · Accepted Answer

The modified return on assets (ROA) formula adjusts the standard calculation to provide a more accurate measure of how effectively a company uses its assets to generate earnings. Without the specific modified method details or numerical data provided in the question, it's not possible to calculate the exact figure. However, based on the question's context, the correct answer is chosen as the closest option provided, which is an educated guess in this scenario.

The Records of Marshall Company Include the Following