Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Question
Transcribed Image Text:Current assets
Bank
Accounts receivable
Inventory
Non-current assets
Property, plant, and
equipment
75,000
20,000
45,000
100,000
Which amount will be used when
calculating return on total assets?
Select one:
a. £240,000
b. £175,000
c. £100,000
d. £140,000
The total equity amount used when
calculating return on equity includes
all equity of the business, such as
share capital and retained earnings.
Select one:
True
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