Last Year a Vancouver fiRm Had a Profit Margin of 7

question 50

Multiple Choice

Last year a Vancouver firm had a profit margin of 7%. This year the profit margin is 6%. Sales remained constant. Which one of the following statements is correct based on this information?

• A) The return on assets declined.
• B) The return on equity increased.
• C) The net income increased.
• D) The price earnings ratio decreased.
• E) The interval measure decreased.

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Definitions:

Feminist Theories

A diverse range of theoretical and philosophical perspectives aimed at understanding and challenging gender inequalities and promoting women’s rights.

Gender Scripts

Societal norms and expectations that dictate appropriate behavior, roles, and activities based on one's gender, influencing individual actions and societal structures.

Equally

In the same manner or to the same extent as another entity or individual.

Instrumental Role

The practical, task-oriented function or contribution of an individual within a given context, especially in family or work settings.