Presented below is selected financial information for Matthe

Presented below is selected financial information for Matthews Corporation for the most recent fiscal yearended December31 ($millions) Assets Cash and cash equivalents short-term investmemt Receivables, net Merchandise inventories Otther auTent assets Total arernt assets Nonaurrent assets Total assets 2,432 1,456 1,280 5,174 387 11,T) 3,527 15,256 Liabilities Accounts payable otheraet liabilities Total arerit liabilitie Long-term liabilrties Shareholders\' Equity Total liabilrties and shareholders\' equity 5,030 T47 2,479 S,CCO 15,256 Costs and Expenses Operating Income Other income/expense (including int Income before income tax Income tax expense Net income including noncontrollingi 40,339 38,889 1,450 63 1,387 141 1,246

Solution

Answer is D. 24.9% Explanation: Net income earned during the period 1246 Divide: Sstockholder\'s equity 5000 Rate of return (Net income/ Stockholder\'s equity*100) 24.92%