Thinking That Makes Little or No Use of Reasoning or Logic

question 64

Multiple Choice

Thinking that makes little or no use of reasoning or logic is called

• A)convergent thought.
• B)inductive thinking.
• C)intuitive thought.
• D)deductive thinking.

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Definitions:

Owners' Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of the shareholders.

Net Income

The total earnings of a company after subtracting all expenses and losses from total revenue.

Return on Equity

A financial ratio that measures the profitability of a business in relation to the equity held by the shareholders.

Net Income

Net income is the total profit of a company after all expenses, including taxes and operational costs, have been deducted from revenues.