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-Megaframe's Return on Equity Is:
A) 44

question 71

Multiple Choice

    \begin{array}{l} \text { LIABILITIES AND SHAREHOLDERS' EQUITY }\\ \begin{array} { l r }  \text { Accounts payable } & \$ 60,000 \\ \text { Accrued expenses } & 40,000 \\ \text { Long-term debt } & 130,000 \\ \text { Common stock } & 80,000 \\ \text { Retained earnings } & \underline { 100,000 } \\ \text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 } \end{array} \end{array}    -Megaframe's return on equity is: A)  44.44%. B)  80.00%. C)  50.05%. D)  100.0%.
 LIABILITIES AND SHAREHOLDERS’ EQUITY  Accounts payable $60,000 Accrued expenses 40,000 Long-term debt 130,000 Common stock 80,000 Retained earnings 100,000 Total Liabilities and Shareholders’ Equity $410,000\begin{array}{l}\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\\\begin{array} { l r } \text { Accounts payable } & \$ 60,000 \\\text { Accrued expenses } & 40,000 \\\text { Long-term debt } & 130,000 \\\text { Common stock } & 80,000 \\\text { Retained earnings } & \underline { 100,000 } \\\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }\end{array}\end{array}
    \begin{array}{l} \text { LIABILITIES AND SHAREHOLDERS' EQUITY }\\ \begin{array} { l r }  \text { Accounts payable } & \$ 60,000 \\ \text { Accrued expenses } & 40,000 \\ \text { Long-term debt } & 130,000 \\ \text { Common stock } & 80,000 \\ \text { Retained earnings } & \underline { 100,000 } \\ \text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 } \end{array} \end{array}    -Megaframe's return on equity is: A)  44.44%. B)  80.00%. C)  50.05%. D)  100.0%.
-Megaframe's return on equity is:


Definitions:

Remedy Limitation

Provisions within a contract that limit the types of remedies or compensation one party can seek from another in case of breach.

Liability

Legal responsibility for actions, which can include debts or obligations, and the obligation to make restitution for harm caused.

Defective Product

A manufactured item that has a flaw or weakness making it unsafe or unfit for its intended use.

Negligence Case

Legal disputes that arise when an individual or entity fails to take reasonable care to avoid causing injury or loss to another person, resulting in harm.

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