Hardister Corp. Hardister Corp. has the following information available from its financial statements for 2012:
Refer to the Hardister Corp. information above. Assuming Hardister had total assets at the end of 2011 of $800,000 and an income tax rate of 37.5 percent, what would be return on assets for 2012? (round to the nearest whole percent)
A) 63%
B) 43%
C) 57%
D) 59%

Question

Hardister Corp. Hardister Corp. has the following information available from its financial statements for 2012:
 Refer to the Hardister Corp. information above. Assuming Hardister had total assets at the end of 2011 of $800,000 and an income tax rate of 37.5 percent, what would be return on assets for 2012? (round to the nearest whole percent)
A) 63% 
B) 43% 
C) 57% 
D) 59%

Quizplus · Accepted Answer

The Answer of Hardister Corp. Hardister Corp. has the following information available from its financial statements for 2012:
 Refer to the Hardister Corp. information above. Assuming Hardister had total assets at the end of 2011 of $800,000 and an income tax rate of 37.5 percent, what would be return on assets for 2012? (round to the nearest whole percent)
A) 63% 
B) 43% 
C) 57% 
D) 59%