The Cost to Educate a Child in Grade School Is

question 83

Multiple Choice

The cost to educate a child in grade school is $8,917.45 per school year. What is the cost to educate 1000 children?

• A)$8,917,450
• B)$891,745
• C)$8,917.45
• D)$89,174,500
• E)$89,174

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Definitions:

ROA

Return on Assets; a profitability ratio that measures how efficiently a company can manage its assets to produce profits during a period.

Total Equity

The residual interest in the assets of an entity after deducting liabilities; essentially, it represents the ownership value in the firm.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively management is using a company’s assets to create profits.