The Amer Company Has the Following Characteristics What Is Amer's ROE?
A)11

question 69

Multiple Choice

The Amer Company has the following characteristics: $\begin{array}{|lc|}\hline\text { Sales: } & \$ 1,000 \\\text { Total Assets: } & \$ 1,000 \\\text { Total Debt/Total Assets: } & 35 \% \text { EBIT: }\quad\$200 \\\text { Tax rate: } & 40 \% \text { Interest rate on total debt: } 4.57 \% \\\hline\end{array}$ What is Amer's ROE?

• A)11.04%
• B)12.31%
• C)16.99%
• D)28.31%
• E)30.77%

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Definitions:

Quiet Revolution

A period of intense socio-political and cultural change in Quebec, Canada during the 1960s, characterized by secularization, state intervention in the economy, and a shift towards welfare state models.

Racial Identity

A person's identification with a particular racial group, often influenced by physical appearance, cultural heritage, and societal definitions of race.

Ethnic Identity

A person's sense of belonging to a specific ethnic group, including aspects of culture, tradition, language, and heritage.

Vertical Mosaic

A concept referring to a society's structure, emphasizing the hierarchical arrangement of ethnic, racial, and religious groups, according to their economic and social statuses.