The Board of Directors Is Dissatisfied with Last Year's ROE

question 99

Multiple Choice

The board of directors is dissatisfied with last year's ROE of 15%. If the profit margin and asset turnover ratio remain unchanged at 8% and 1.25, respectively, by how much must the leverage ratio (i.e., assets/equity) increase to achieve 20% ROE?

• A) .50%
• B) 5%
• C) 16.67%
• D)33.33%

Understand the role and responsibilities of a nurse in maintaining patient safety, including the use of restraints and ensuring proper patient care.

Adapt to different nursing specialties and settings by seeking appropriate guidance, training, or resources.

Understand the importance of professional behavior, including punctuality, adherence to job roles, and following medical and ethical guidelines.

Understand the concept and importance of cultural competence in nursing.

---

Definitions:

Preoperational

The stage in Jean Piaget's theory of cognitive development where children (aged 2 to 7) begin to engage in symbolic play and struggle with logic and taking the perspective of others.

Cognitive Development

Cognitive Development is the process by which a child learns to reason, solve problems, and gain knowledge through interaction with the world around them, as described in theories such as those by Piaget.

Piaget's Stages

A theory of cognitive development devised by Jean Piaget, which describes how children's understanding of the world changes through four stages of development.

Object Permanence

A cognitive development milestone in which an infant realizes that objects continue to exist even when they cannot be seen or heard.