Zero Corp's Total Common Equity at the End of Last

question 13

Multiple Choice

Zero Corp's total common equity at the end of last year was $405,000 and its net income was $70,000.What was its ROE?

• A)14.82%
• B)15.60%
• C)16.42%
• D)17.28%
• E)18.15%

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Definitions:

Exhaustion

A state of extreme physical or mental fatigue, often resulting from prolonged stress or activity without adequate rest.

Approach-Avoidance Conflict

A psychological conflict that occurs when a goal is both attractive and unattractive at the same time.

Seniority

The concept of prioritizing or giving privileges to individuals based on their length of service or tenure in a particular role or organization.

Avoidance-Avoidance Conflict

A psychological dilemma involving a choice between two negative outcomes or situations.