The Park Place Has a Return on Assets of 12

question 29

Multiple Choice

The Park Place has a return on assets of 12.9 percent, a cost of equity of 16.2 percent, and a pretax cost of debt of 7.7 percent.What is the debt-equity ratio? Ignore taxes.

• A).44
• B).47
• C).67
• D).91
• E).63

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Definitions:

Silent Generation

The demographic cohort following the Greatest Generation, typically defined as people born from the mid-1920s to the early 1940s, known for their hard work and quiet contribution to society.

Organizational Productivity

A measure of how efficiently and effectively a company or organization can produce desired outputs using the inputs available.

Prejudice

A preconceived opinion that is not based on reason or actual experience, often leading to biased judgments or discriminatory behavior.

Discrimination

refers to unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.