Multiple Choice
Alabaster Enterprises has net income of $35,000, total assets of $300,000, common stock of $50,000, and retained earnings of $25,000. Calculate its return on investment.
A) 50.00%.
B) 57.50%
C) 46.00%
D) 62.50%
E) 50.00%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q73: The cash flow statement reports disbursement relating
Q74: The _ ratio measures the extent to
Q75: Coletta is preparing the balance sheet for
Q76: A company's insurance costs, supplies, and utilities
Q77: The CEO of Trust-T Parts asks his
Q78: Cash balance is the balance in the
Q79: The debt to owners' equity ratio consists
Q81: Tree Down Landscaping recently took out a
Q82: Massive Discount Emporium has current assets of
Q83: Seren works for Alpha Communications and is