Use the following data for questions 8-10. Investment Assets at Year End: $170,000 Investment Assets...
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Finance
Use the following data for questions 8-10.
Investment Assets at Year End: $170,000
Investment Assets at Beginning of Year: $125,000
Savings: $25,000
Employer Match to 401(k): $4,800
Gross Income: $120,000
Total Assets at Year End: $650,000
Total Assets at Beginning of Year: $610,000
Total Liabilities at Year End: $235,000
Total Liabilities at Beginning of Year $240,000
8. What was the return on investment (ROI) for the year?
a. 12.16%. b. 18.00%. c. 26.47%. d. 36.00%.
9. What was the return on assets (ROA) for the year?
a. 1.67%. b. 3.25%. c. 6.56%. d. 13.74%.
10. What was the return on net worth for the year?
a. 4.11%. b. 5.41%. c. 9.45%. d. 12.16%
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