Refer to the Information Provided in Figure 18

question 67

Multiple Choice

Refer to the information provided in Figure 18.1 below to answer the question(s) that follow. Figure 18.1
-Refer to Figure 18.1. The second poorest fifth of families earned ________% of income in Outland.

• A) 5
• B) 7
• C) 12
• D) 17

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Definitions:

Profit Margin

A financial metric expressed as a percentage that measures how much of every dollar of revenue is retained as profit after all expenses have been deducted.

Net Income

The income a company retains following the subtraction of all expenses and taxes from the gross revenue.

Sales

The total amount of goods or services sold by a company, typically reported within a specific period.

Return On Equity

An indicator of how well management is leveraging company assets to produce profits, found by dividing the net income by the equity of the shareholders.