A Retailer Has Some Candle Sets That Cost Her $24

question 111

Multiple Choice

A retailer has some candle sets that cost her $24. If she sells them for $30.00, find her rate of profit based on the cost.

• A) 20%
• B) 24%
• C) 27%
• D) 25%
• E) none of these

Analyze the financial leverage through the equity multiplier, debt-to-equity ratio, and times interest earned ratio to understand a company's financial structure and risk.

Understand and calculate various financial ratios including gross margin percentage, earnings per share (EPS), and price-earnings (P/E) ratio.

Understand the significance and computation of dividend-related ratios such as dividend payout ratio and dividend yield ratio.

Analyze a company's efficiency using return on total assets (ROTA) and return on equity (ROE).

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love, esteem, and self-actualization, in that order.

Herzberg's Motivation-Maintenance Theory

A theory suggesting there are two factors that influence an employee's motivation and satisfaction: motivators and hygiene factors.

Grit

A psychological trait based on an individual's passion for a particular long-term goal coupled with a powerful motivation to achieve their respective objective.

Characteristics

Traits or attributes that distinguish individuals, objects, or phenomena from each other.