question 35
Multiple Choice
The following information pertains to Ortiz Company.Assume that all balance sheet amounts represent both average and ending balance figures.Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets Liabilities and Stockholders’ Equity Current liabilities Long-term liabilities Stockholders’ equity-common Total Liabilities and Stockholders’ Equity $45,00025,00020,000270,000$360,000$50,00090,000220,000$360,000 Income Statement Sales Cost of goods sold Gross profit Operating expenses Net income Number of shares of common stock Market price of common stock Dividends per share $150,00066,00084,00029,000$55,0006,000$20.50 What is the return on common stockholders' equity for Ortiz?
Definitions:
Type 2 Diabetes
A chronic condition characterized by high blood sugar levels due to the body’s inability to use insulin properly, often associated with obesity and lifestyle factors.
Renal Failure
A medical condition where the kidneys lose the ability to remove waste and balance fluids, potentially leading to kidney failure.
Lifestyle Changes
Modifications made to an individual's way of living, aiming to improve health outcomes, such as adopting a healthy diet, increasing physical activity, and quitting smoking.
Diabetes
A chronic condition characterized by high levels of sugar in the blood, resulting from the body's inability to produce or effectively use insulin.