The Following Information Pertains to Soho Company $\text { Assets }$

question 123

Multiple Choice

The following information pertains to Soho Company.Assume that all statement of financial position amounts represent both average and ending balance figures.Assume that all sales were on credit. $\text { Assets }$
$\begin{array}{lr}\text { Property, plant and equipment } & \$ 210,000 \\\text { Inventory } & 20,000 \\\text { Accounts receivable (net) } & 25,000 \\\text { Cash and short-term investments } & 45,000 \\\hline \text { Total Assets } & \$ 300,000\end{array}$

$\text { Equity and Liabilities }$
$\begin{array}{lr}\text { Shareholders' equity—ordinary } & \$ 160,000 \\\text { Non-current liabilities } & 90,000 \\\text { Current liabilities } & 50,000 \\\quad \text { Total Equity and Liabilities } & \$ 300,000\end{array}$

$\text { Income Statement }$
$\begin{array}{lr}\text { Sales } & \$ 120,000 \\\text { Cost of goods sold } & 66,000 \\\text { Gross margin } & 54,000 \\\text { Operating expenses } & 30,000 \\\text { Net income } & \$ 24,000\end{array}$

$\begin{array}{lr}\text { Number of shares of ordinary shares } & 6,000 \\\text { Market price of ordinary shares } & \$ 20 \\\text { Dividends per share } & .50\end{array}$

What is the return on ordinary shareholders' equity for Soho?

• A)15.0%
• B)13.1%
• C)26.3%
• D)30.0%

Know how to conduct an interview for data collection and understand the importance of a structured checklist in job analysis.

Understand the challenges and disadvantages of direct observation as a job analysis method.

Acquire knowledge about sources of job and performance-related information, both human and nonhuman.

Discover the considerations and methods for designing jobs that improve work life and organizational productivity.

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Definitions:

Leverage Advisor

A financial advisor specialized in guiding clients on how to use borrowed funds or leverage to potentially increase investment returns.

Risk-Return Trader

An investor who analyzes the potential return of an investment relative to its risk, aiming to maximize returns while minimizing risks.

Hedge Fund Consultant

A professional advisor who provides expertise and guidance on hedge fund strategies, investments, and operations.

Venture Capital

Money invested in a business by another business firm or group of individuals in exchange for an ownership share.