Computer Geeks Has Sales of $521,000,a Profit Margin of 14

question 106

Multiple Choice

Computer Geeks has sales of $521,000,a profit margin of 14.8 percent,a total asset turnover rate of 2.16,and an equity multiplier of 1.30.What is the return on equity?

• A)8.91 percent
• B)12.67 percent
• C)18.28 percent
• D)32.11 percent
• E)41.56 percent

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Definitions:

Electronegativity

An indicator of how strongly an atom pulls towards itself a pair of electrons that are being shared in a bond.

Resonance Stabilization

The stabilization of molecular structures by delocalizing electrons within conjugated systems or between atoms that can host multiple structures.

Acid-Base Reaction

A chemical reaction that involves the transfer of protons (H+) from an acid to a base.

Increasing Acidity

Increasing acidity refers to the phenomenon where the hydrogen ion (H+) concentration increases, making a solution more acidic.