The Financial Ratio Measured as Net Income Divided by Total

question 15

Multiple Choice

The financial ratio measured as net income divided by total equity is known as the firm's:

• A) profit margin.
• B) return on assets.
• C) return on equity.
• D) asset turnover.
• E) earnings before interest and taxes.

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Definitions:

Patrilineal Descent

A system of lineage tracing in which an individual's family membership derives from and is recorded through his or her father's line.

Descent Confers Authority

A principle in certain societies where social status, rights, and leadership roles are determined by one's lineage or family heritage.

Phratry

A social unit or grouping larger than a family but smaller than a tribe, often linked by common descent, marriage, or ritual.

Unilineal Descent Group

A kinship group in which membership is inherited through either the maternal or paternal line only.