The Following Financial Statement Information Is Available for Penn Corporation

question 131

Multiple Choice

The following financial statement information is available for Penn Corporation: The return on common stockholders' equity for 2015 is

• A)24.5%.
• B)32.9%.
• C)26%.
• D)29.4%.

---

Definitions:

Ratification Vote

A vote conducted to approve or confirm a decision or agreement, such as a constitution or treaty.

Constitution

The fundamental law or set of principles by which a nation or state is governed, outlining the powers and duties of the government and the rights of the citizens.

Unitary Government

A system of political organization in which most or all of the governing power resides in a centralized government.

Written Constitution

A formal document that defines the structure of a government, the rights of the citizens, and the powers of the authorities; distinct from unwritten or customary constitutions.