A company had net income of $2,700,000, net sales of $25,200,000, and average total assets of $9,000,000. Its return on total assets equals:

A. 10.71%.
B. 333.33%.
C. 30.00%.
D. 3.33%.
E. 35.71%.


Answer: C

Business

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The concentration of income in the high-income and large-population countries means that a company can be "global" by targeting buyers in:

A) just 50 countries. B) just 20 countries. C) just 10 or fewer countries. D) just 30 countries. E) none of the above

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What is a product platform?

a. A subsystem, module, or process which is used in more than one product, system or service b. Common themes found in products over a product line c. The performance level of a product, such as the base acceleration of a car d. Tools used for the R&D in developing a new product

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Pond Stock Inc is a start-up fishery with prospects but no profits as of yet. Pond Stock may be most likely to obtain financing successfully by

a. applying to banks, which are generally willing to lend to start-ups. b. approaching foreign governments, under which investment laws are less strict than in the United States. c. attracting venture capital, of which there is more than enough available. d. crowdfunding.

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A type of join where a table is joined to itself is called a(n):

A) unary join. B) self-join. C) unnatural join. D) pinned join.

Business