Wholesale Grocer's Has Total Assets of $580,000 and Total Liabilities

question 30

Multiple Choice

Wholesale Grocer's has total assets of $580,000 and total liabilities of $375,000.Net sales for the year are $523,000 and the profit margin is 10.5 percent.What is the return on equity?

• A) 10.6 percent
• B) 26.8 percent
• C) 31.2 percent
• D) 37.4 percent
• E) 44.6 percent

Comprehend the importance of and strategies for effective closure in professional relationships during internships.

Identify concerns and strategies related to the culmination stage of an internship.

Understand the ethical considerations and best practices regarding closure with clients in helping and service professions.

Describe the components of a high-quality internship and their impact on intern success.

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Definitions:

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, generally reflected in the cash flow statement as part of a company's financial activities.

Net Cash

The amount of cash available after accounting for cash inflows and outflows in a given period.

Financing Activities

Involves activities that result in changes in the size and composition of the equity capital and borrowings of the entity.

Net Cash

The final amount of cash available after accounting for all cash inflows and outflows, crucial for assessing financial health.