Given the Following Information, Calculate the Return on Equity for Regrets

question 21

Multiple Choice

Given the following information, calculate the return on equity for Regrets Only Dating Services, Inc.: Net Profit margin = 5%
Total asset turnover = 2
Debt ratio = 0.73

• A) 14%
• B) 7.3%
• C) 37%
• D) 21%

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Definitions:

Leaky Bucket

A concept often used in telecommunications and computing to describe a method of controlling data flow or managing available bandwidth.

Short-Term Memory

The capacity for holding, but not manipulating, a small amount of information in mind in an active, readily available state for a short period of time.

Procedural Memories

Memories for the performance of actions or skills (“knowing how”).

Short-Term Memory

A type of memory that holds a small amount of information for a brief period, typically seconds to minutes.