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

1. What was the return on investment (ROI) for the year?

a. 12.16%. b. 18.00%. c. 26.47%. d. 36.00%.

2. What was the return on assets (ROA) for the year?

a. 1.67%. b. 3.25%. c. 6.56%. d. 13.74%.

3. What was the return on net worth for the year?

a. 4.11%. b. 5.41%. c. 9.45%. d. 12.16%