Use the Table Below to Answer the Following Questions

question 103

Multiple Choice

Use the table below to answer the following questions.
Table 3.1.1

-Refer to Table 3.1.1.In 2012,the relative price of cola in terms of tea is

• A)1.00.
• B)1.20.
• C)0.83.
• D)1.25.
• E)unknown without more information.

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Definitions:

Invested Capital

Represents the total amount of money that shareholders and debt holders have invested in a company.

Gross Assets

The total value of all assets owned by an entity before deducting any liabilities or depreciation.

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.

Earnings Benchmarks

Standards or metrics against which a company's profitability can be measured.