Question: 3. If the return on assets is .15 and average assets are 100, the EPS is: 15 115 85 Unable to tell from data given

3. If the return on assets is .15 and average assets are 100, the EPS is:

  1. 15

  2. 115

  3. 85

  4. Unable to tell from data given

7. Arnold llc has base sales of 100 and rent expense is 12% of sales. Assuming a 15% increase in sales, rent expense for the first pro forma year is:

  1. 13.80

  2. 14.80

  3. 15.80

  4. 16.80

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