The Burger Hut Has Sales of $29 Million,total Assets of $43

question 58

Multiple Choice

The Burger Hut has sales of $29 million,total assets of $43 million,and total debt of $13 million.The profit margin is 11 percent.What is the return on equity?

• A)7.42 percent
• B)10.63 percent
• C)11.08 percent
• D)13.31 percent
• E)14.28 percent

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Definitions:

Array Name

The identifier given to a collection of related variables of the same type in programming languages.

Pointer

A programming entity that stores the memory address of another variable, allowing direct access and manipulation of the memory location.

Array Name

The identifier given to a collection of similar types of data stored at contiguous memory locations.

Address

The specific location in memory where data or a function resides, which can be referenced or accessed.