If Net Income for 2012 Is $120,000, What Is the Return

question 23

Multiple Choice

If net income for 2012 is $120,000, what is the return on equity ratio for 2012?

• A) 20%
• B) 14.5%
• C) 15.7%
• D) 13.3%

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Definitions:

Monarchy

A government ruled by a king or queen, with succession of rulers kept within the family.

Pluralist Polity

A political system where power is distributed among multiple groups, allowing for a diversity of voices and interests to be represented in the governance process.

Politics

Methods and tactics intended to influence government policy, policy-related attitudes, and activities.

Managing

The act of administering and coordinating resources effectively and efficiently to achieve desired objectives.