Multiple Choice
[The following information applies to the questions displayed below.]
Shown below are selected data from the financial statements of Noble Computers.(Dollar amounts are in millions,except for the per share data. )
![[The following information applies to the questions displayed below.] Shown below are selected data from the financial statements of Noble Computers.(Dollar amounts are in millions,except for the per share data. ) Noble reported earnings per share for the year of $6 and paid cash dividends of $2.00 per share.At year-end,the Wall Street Journal listed Noble's capital stock as trading at $81 per share. -Noble's return on assets was: A) 2.6% B) 21%. C) 26%. D) 37%.](https://d2lvgg3v3hfg70.cloudfront.net/TB1009/11eaae1a_a3ac_448d_b09f_6d645230e2a9_TB1009_00_TB1009_00_TB1009_00_TB1009_00_TB1009_00.jpg)
Noble reported earnings per share for the year of $6 and paid cash dividends of $2.00 per share.At year-end,the Wall Street Journal listed Noble's capital stock as trading at $81 per share.
-Noble's return on assets was:
A) 2.6%
B) 21%.
C) 26%.
D) 37%.
Correct Answer:
Verified
Correct Answer:
Verified
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