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:

Economic Power

The capacity of an entity, whether a nation, corporation, or individual, to influence or control economic activities and outcomes.

CEO Compensation

The total remuneration package, including salary, bonuses, and stock options, offered to the chief executive officer of a corporation.

Employee Compensation

Refers to the total amount of pay and benefits, including salary, wages, bonuses, and benefits, that an employee receives from their employer.

Supermarkets

Retail stores that offer a wide variety of goods, including food, household items, and often pharmaceuticals, under one roof.