A Runoff Election Is MOST Likely to Occur in Which

question 12

Multiple Choice

A runoff election is MOST likely to occur in which kind of electoral system?

• A)a proportional representation system
• B)a majority system
• C)a plurality system
• D)a ranked choice voting system

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Definitions:

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity.

Inventory Turnover

A financial metric indicating how many times a company has sold and replaced inventory over a given period.

Fixed-Asset Turnover

A financial ratio that measures a company's ability to generate sales from its fixed assets.

ROA

Return on Assets; a financial ratio indicating how profitable a company is relative to its total assets.