Practice prompt · Q:financial-statement-performance-and-returns/input-alignment-001

Identify the controlled ratio input packet

Formative source selection item testing entity, period, units, basis, and statement version alignment before calculation.

Updated Aug 7, 2026 Review due Nov 7, 2026

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An analyst wants to compute Year 5 ROA using a beginning-ending average. Which input packet is ready for calculation without first resolving another material alignment problem?

Choose the best answer. A Year 5 net income in whole USD, Year 5 net sales in thousands of USD, and prior-year ending assets from the originally filed statement B Year 5 net income and net sales plus aligned beginning and ending assets, all for the same entity, currency, units, reporting basis, and latest applicable statement version C Year 5 net income for the parent and ending assets for one subsidiary because both are denominated in USD D Year 5 net income and December 31 ending assets, with no need to state a denominator convention because both appear in the annual report

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Answer: B

Choice B is the only controlled packet. It aligns entity, period, currency, units, basis, statement version, and the beginning-ending observations needed for the declared average. The other choices produce executable quotients but leave a material mismatch unresolved.