The fiNancial Ratio Measured as Net Income Divided by Total

question 73

Multiple Choice

The financial ratio measured as net income divided by total equity is known as the firm's:

• A) Profit margin.
• B) Return on assets.
• C) Return on equity.
• D) Asset turnover.
• E) Earnings before interest and taxes (EBIT).

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Definitions:

Berea College

A liberal arts college located in Kentucky, notable for being the first coeducational and racially integrated college in the Southern U.S.

Racial Integration

The process of ending racial segregation, involving the bringing together of races in a harmonious, unified manner.

Supreme Court

The highest judicial body in a country, typically having the ultimate authority over all other courts and adjudicating in the final appeal cases.

Reinforcer

Any stimulus that strengthens or increases the frequency or likelihood of a behavior when it occurs.