The following data were taken from the financial statements of Jensen Corporation for the year ended December 31, 2011:

What was Jensen's rate of return on assets for 2011?
A) 5 percent
B) 6 percent
C) 20 percent
D) 24 percent

Question

The following data were taken from the financial statements of Jensen Corporation for the year ended December 31, 2011:

What was Jensen's rate of return on assets for 2011?
A) 5 percent 
B) 6 percent 
C) 20 percent 
D) 24 percent

Quizplus · Accepted Answer

The Answer of The following data were taken from the financial statements of Jensen Corporation for the year ended December 31, 2011:

What was Jensen's rate of return on assets for 2011?
A) 5 percent 
B) 6 percent 
C) 20 percent 
D) 24 percent

The Following Data Were Taken from the Financial Statements of Jensen