38.

When calculating Acme's return on net operating assets in Year 1, which of the following adjustments to the asset base is most appropriate to consider?

A.	Accumulated depreciation adjustment

B.	Intangible asset adjustment

C.	Non-operating asset adjustment

D.	No asset adjustment

39.

When calculating Acme's return on net operating assets in Year 2, which of the following adjustments to the asset base is most appropriate to consider?

A.	Accumulated depreciation adjustment

B.	Tangible asset adjustment

C.	Non-operating asset adjustment

D.	No asset adjustment

40.

When calculating Acme's return on net operating assets in Year 3, which of the following adjustments to the asset base is most appropriate to consider?

A.	Accumulated depreciation adjustment

B.	Intangible asset adjustment

C.	Operating asset adjustment

D.	No asset adjustment

please explain the reason

Selected information for Acme Corp. : Cash Marketable securities Accounts receivable, net Other current assets Property, plant, and equipment Less: accumulated depreciation Goodwill and other intangibles Year 1 $1,000 8,000 2,000 2,500 4,500 (4,000) 5,000 Year 2 $1,500 2,000 3,000 3,000 6,000 (4,200) 7,500 Year 3 $1,500 2,000 2,500 3,000 7,000 (4,400) 1,000