The Records of Everyday Electronics Corporation for a Particular Period

question 66

Multiple Choice

The records of Everyday Electronics Corporation for a particular period include the following: $\begin{array}{lr}\text { Average total assets } & \$ 760,000 \\\text { Average total liabilities } & 485,000 \\\text { Total revenue } & 200,500 \\\text { Total expenses (including income tax) } & 135,000\end{array}$ The return on equity ratio is closest to:

• A) 13.2%
• B) 23.8%
• C)24.0%
• D)8.4%

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Definitions:

Photosystem II

A component of the photosynthesis process in plants and algae that captures photons and uses the energy to extract electrons from water molecules.

Rubisco

An enzyme involved in the first major step of carbon fixation in the process of photosynthesis.

Protein

Large molecules consisting of one or more long chains of amino acids, essential for the structure, function, and regulation of the body's cells, tissues, and organs.