An Ottawa Firm Earns Net Income of $25,000 in a Given

question 271

Multiple Choice

An Ottawa firm earns net income of $25,000 in a given year and the firm's retained earnings increase $15,000 for that same year. The retention ratio is:

• A) 25%
• B) 40%
• C) 60%
• D) 75%
• E) 100%

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Definitions:

Surrogacy

A method of assisted reproduction where a woman (the surrogate) agrees to carry and deliver a baby for another person or couple, who will become the child's parent(s) after birth.

Polygenic

A term describing traits or disorders influenced by multiple genes, typically resulting in a continuum of possible phenotypic outcomes.

Codominant

A genetic scenario where two alleles of a gene pair in a heterozygote are fully expressed, with neither being recessive to the other.

Dominant

Possessing authority, control, or influence over others, often in a social, genetic, or interactional context.