Charlie, Dora, and Ethel Are the First Directors on the Board

question 45

Multiple Choice

Charlie, Dora, and Ethel are the first directors on the board of Face Time Corporation, a social media host. Subsequent directors are elected by a majority vote of Face Time's​

• A) ​users.
• B) ​employees.
• C) ​officers.
• D) ​shareholders.

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Definitions:

Profit Margin

A financial ratio indicating the percentage of revenue that exceeds the costs of goods sold, showcasing the profitability of a company.

Return On Equity

A measure of a corporation's profitability that calculates how much profit a company generates with the money shareholders have invested.

Equity Multiplier Ratio

A financial ratio indicating the proportion of a company's total assets that are financed by shareholders' equity.

Total Assets

The total of all current and non-current assets that a company possesses.