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Hardister Corp

Question 28

Multiple Choice

Hardister Corp. Hardister Corp. has the following information available from its financial statements for 2012:
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% 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%

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