Calculate Return on Equity from the Following Information: Sales =

question 21

Multiple Choice

Calculate return on equity from the following information: Sales = $400,000
Expenses = $100,000
Debts incurred = $120,000
Owner's equity = $180,000

• A) 2:3
• B) 3:2
• C) 5:3
• D) 4:5
• E) 5:1

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Definitions:

Identity

The qualities, beliefs, personality, looks, and expressions that make a person (self-identity) or group (collective identity).

Industrialization

The transformation from an agricultural-based economy to one based on the manufacturing of goods, involving the establishment of factories, urbanization, and changes in socio-economic structures.

Domestic Production

The creation of goods and services within a country's borders, contributing to its economy.

Social Cohesion

The bond that brings a society together, marked by strong social ties, a sense of belonging, and the willingness to participate in community life.