Selected current year company information follows: Total shareholders' equity, beginning-year.. 198,935
Total shareholders' equity, end-of-year…… 121,851
The return on total assets is:
A) 2.24%
B) 2.81%
C) 3.64%
D) 4.67%
E) 6.28%

Question

Selected current year company information follows:  Total shareholders' equity, beginning-year.. 198,935
Total shareholders' equity, end-of-year…… 121,851
The return on total assets is:
A) 2.24% 
B) 2.81% 
C) 3.64% 
D) 4.67% 
E) 6.28%

Quizplus · Accepted Answer

The Answer of Selected current year company information follows:  Total shareholders' equity, beginning-year.. 198,935
Total shareholders' equity, end-of-year…… 121,851
The return on total assets is:
A) 2.24% 
B) 2.81% 
C) 3.64% 
D) 4.67% 
E) 6.28%

Selected Current Year Company Information Follows: Total Shareholders' Equity