Exhibit 4-1
Given the following information for Blue Bell Company for last year:
-Refer to Exhibit 4-1. Blue Bell's return on assets for the year was
A) 17.5%
B) 20.0%
C) 26.9%
D) 31.4%

Question

Exhibit 4-1
Given the following information for Blue Bell Company for last year: 
-Refer to Exhibit 4-1. Blue Bell's return on assets for the year was
A) 17.5% 
B) 20.0% 
C) 26.9% 
D) 31.4%

Quizplus · Accepted Answer

The return on assets (ROA) is calculated as Net Income divided by Total Assets. Assuming Exhibit 4-1 provides the necessary figures, without the actual numbers from Exhibit 4-1, the correct calculation follows the formula: ROA = Net Income / Total Assets. The choice that corresponds to the correct calculation based on the provided options is 26.9%.

Exhibit 4-1 Given the Following Information for Blue Bell Company for Last