Use the Following Information for Questions:
the Following Data Was

question 39

Multiple Choice

Use the following information for questions:
The following data was taken from the accounting records of Darias Corporation: $\begin{array}{lrr}&2011&2010\\\hline\text { Total assets } & \$ 950,000 & \$ 850,000 \\\text { Total liabilities } & 250,000 & 240,000 \\\text { Preferred shares } & 75,000 & 75,000 \\\text { Common shares } & 300,000 & 300,000 \\\text { Retained earnings } & 325,000 & 235,000\\\text { Additional data: } & \\\text { Net income } & 140,000 \\\text { Preferred dividend } & 15,000 \\\text { Interest expense } & 25,000 \\\text { Sales revenue } & 980,000 \\\text { Tax rate } & 32 \%\end{array}$
-The profit margin ratio to be used in calculating ROA for 2011 is closest to:

• A)12.7%
• B)14.3%
• C)16.0%
• D)16.8%

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Definitions:

Police Corruption

The abuse of police authority for personal gain or to gain advantage for the police organization.

Code Of Silence

A cultural norm among certain groups, particularly in law enforcement or other organizations, not to report on a colleague's errors, misconduct, or crimes.

Civilian Review Bodies

Organizations or boards established to oversee and review the conduct of law enforcement agencies, aiming to increase accountability and transparency.

Subpoena Power

The legal authority to compel the production of documents, evidence, or the appearance of witnesses in a court of law or legal proceeding.