An Ottawa fiRm Earns Net Income of $25,000 in a Given

question 248

Multiple Choice

An Ottawa firm earns net income of $25,000 in a given year and the firm's retained earnings increase $15,000 for that same year. The retention ratio is:

• A) 25%
• B) 40%
• C) 60%
• D) 75%
• E) 100%

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Definitions:

EEOC

Equal Employment Opportunity Commission, a U.S. federal agency that administers and enforces civil rights laws against workplace discrimination.

Disparate Treatment

Refers to unequal behavior towards an individual or group based on protected characteristics such as race, age, or gender, violating anti-discrimination laws.

Title VII

A section of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, or national origin.

Basis of Race

A consideration or judgement made regarding individuals or groups specifically related to their racial background.