Webster & Jones Has Net Income of $49,200, Sales of $936,800

question 48

Multiple Choice

Webster & Jones has net income of $49,200, sales of $936,800, a capital intensity ratio of 0.74, and an equity multiplier of 1.5. What is the return on equity?

• A) 6.67 percent
• B) 8.98 percent
• C) 10.65 percent
• D) 12.21 percent
• E) 14.09 percent

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Definitions:

Menarche

The first occurrence of menstruation in a female, marking the onset of reproductive capability.

Genetic Factors

The hereditary elements and genes passed from parents to their offspring that influence various aspects of physical and mental characteristics.

Formal Operational

A stage in Piaget's cognitive development theory occurring from age 12 onwards, where individuals develop the ability to think abstractly and logically.

Cognitive Development

The process of growth and change in intellectual capabilities, influencing how one perceives, thinks, and understands the world.