A Company Provided the Following Information: There Was No Change

question 50

Multiple Choice

A company provided the following information: There was no change in contributed capital this year and there were no dividends declared in the current year.The return on equity ratio for the current year is closest to:

• A)20.7%.
• B)75%.
• C)3.8%.
• D)1.33%.

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Definitions:

Unchallenged Heads

generally describes leaders or individuals in positions of authority who face little to no opposition or competition.

American Revolution

A colonial revolt that took place between 1765 and 1783, in which the Thirteen American Colonies won independence from Great Britain, becoming the United States of America.

Property Qualification

Historical voting or office-holding requirement that mandated individuals own a certain amount of property or land to participate in the political process.

Suffrage

The right to vote in political elections, often highlighted in historical contexts around movements to extend this right to various groups.