Below Is Selected Information from Tricrop -Return on Common Equity for Year 1 Is:
A)19

question 35

Multiple Choice

Below is selected information from Tricrop. $\begin{array}{lll}&\underline{\text { Year } 1} &\underline{\text { Year } 2}\\\text { Net operating assets/common equity } & 1.37 & 1.53 \\\text { Net operating profit margin } & 19 \% & 21 \% \\\text { Income tax rate } & 47 \% & 28 \% \\\text { Revenues/average net operating } & 0.81 & 0.61 \\\text { assets } & & \\\text { EBIT/revenues } & 38 \% & 32 \%\end{array}$
-Return on common equity for Year 1 is:

• A)19.0%.
• B)19.60%.
• C)21.08%.
• D)26.03%.

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Definitions:

Disproved

Shown to be false or incorrect through evidence or logical argument.

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Demonstrated to be true or established with evidence.

Carl Popper

A philosopher of science known for his work on the philosophy of science, particularly for advocating the criterion of falsifiability in science.

Behaviour

Actions or reactions of an organism, often in response to its environment or stimuli.