A Return on Equity of 17% Implies Which of the Following

question 56

Multiple Choice

A return on equity of 17% implies which of the following?

• A)For every 17 cents invested, a return of $1.00 results
• B)For every $1.00 invested, a return of 17 cents results
• C)For every $1.17 invested, a return of 17 cents results
• D)For every $10.00 invested, a return of $1.17 results
• E)None of the above

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Definitions:

Mesophyll

The inner tissue of a leaf, containing many chloroplasts where photosynthesis occurs.

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize foods from carbon dioxide and water, generating oxygen as a byproduct.

Carbon Dioxide

This gas, which has no color and no smell, is generated when carbon and organic substances burn and through the act of respiration. It is a natural component of the air and is utilized by plants for photosynthesis.

Sugar

A sweet-flavored substance derived from various plants, primarily sugar cane and sugar beet, consisting chiefly of sucrose, and used as a sweetener in food and drink.