RVP IncRealizes a Net Profit of $230 Million and the Owner's

question 27

Multiple Choice

RVP Inc.realizes a net profit of $230 million and the owner's equity amounts to $750 million.Calculate the return on equity for the company.

• A)16.5%
• B)30.7%
• C)7.5%
• D)75%
• E)23.2%

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Definitions:

Creative Deployment

The strategic and innovative utilization of resources, ideas, or personnel to achieve specific goals or solve problems in novel ways.

Positive Self-Regard

Describes an individual's overall subjective emotional evaluation of their own worth, characterized by attitudes of respect and acceptance towards oneself.

Management By Exception

A leadership style where the manager intervenes to correct problems or meet standards only when deviations from expected performance occur.

Transactional Leadership

A leadership style that focuses on the exchanges between leaders and followers, where followers are rewarded for meeting specific goals or performance criteria.