What Does the "Three Strikes and You're Out" Law in California

question 10

Multiple Choice

What does the "three strikes and you're out" law in California mandate?

• A) three years in prison for every felony one commits
• B) three extra years in prison for every felony one commits
• C) a life sentence for a third felony conviction following two earlier convictions for serious felonies
• D) a mandatory sentence of 25 years in prison for a third felony conviction following two earlier convictions for serious felonies

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Definitions:

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, showing the profitability of a company or product.

DuPont Formula

A financial analysis method that breaks down return on equity into three components: profit margin, asset turnover, and financial leverage, to help understand a company's financial performance.

Operating Income

Earnings generated from a company's core business operations, excluding deductions of interest and taxes.

Return on Investment

A measure of the profitability and efficiency of an investment, calculated as the net profit of the investment divided by its initial cost.