Use the Following Information to Complete Questions
Jalisco Ltd -The Company's Return on Shareholders' Equity for 2011 Was:
A)11

question 40

Multiple Choice

Use the following information to complete questions
Jalisco Ltd.is a public company trading on the Toronto Stock Exchange.The company's shares are currently trading for $16.00 per share.Jalisco just released the following information related to its 2011 year-end: $$\begin{array} { l r r } &2011&2010\\\text { Total assets } & \$ 14,500,000 & 13,250,000 \\\text { Total liabilities } & 7,500,000 & 6,750,000 \\\text { Net income } & 762,500 & 555,000 \\\text { Preferred share dividends } & 65,000 & 65,000 \\\text { Average number of common shares outstanding } & 100,000 & 100,000\end{array}$$
-The company's return on shareholders' equity for 2011 was:

• A)11.29%
• B)10.89%
• C)10.33%
• D)Cannot be calculated with the information provided

Know the role of merchants in the UCC and how it affects commercial transactions.

Understand how the UCC treats open terms, modifications, and additional terms in contracts.

Comprehend the significance of the UCC’s Statute of Frauds in sales contracts.

Identify how the UCC facilitates commercial transactions and promotes commerce.

---

Definitions:

IUPAC Name

The systematic naming of chemical compounds according to the rules established by the International Union of Pure and Applied Chemistry.

Compound

A material created when two or more elements chemically combine in definite ratios.

2,4-dimethylpyridine

An organic compound with a pyridine ring and methyl groups at the 2nd and 4th positions.

Structure

The arrangement or organization of parts to form a whole, in context, typically referring to the molecular geometry or arrangement of atoms within a compound.