Exhibit 14 -Refer to Exhibit 14

question 120

Multiple Choice

Exhibit 14.10
Use the Information Below for the Following Problem(S)
$\begin{array}{lr}& \underline{\text{Left-Aid Corporation}}\\ \text { DPS } & \$ 2.45 \\\text { Total Asset Turnover } & 3.80 \\\text { Net Profit Margin } & 6.50 \% \\\text { EPS } & \$ 3.50 \\\text { Total Assets/Equity } & 1.60\end{array}$
-Refer to Exhibit 14.10.What is the Left-Aid Corporation's return on equity (ROE) ?

• A) 25.5%
• B) 27.4%
• C) 29.7%
• D) 35.6%
• E) 39.5%

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Definitions:

Price

The amount of money required for the purchase of a good or service, reflecting the value that buyers and sellers assign to it.

Wheat

A cereal grain cultivated worldwide and is one of the staple foods, used to make products like bread, pasta, and pastry.

Toys

Products designed for play, entertainment, or educational purposes, often targeted at children.

Pauper Labor Fallacy

The incorrect belief that importing goods from countries with lower wage levels hurts the economy of a country with higher wage levels.