Charlie's Chicken Has a Debt-Equity Ratio of 2

question 27

Multiple Choice

Charlie's Chicken has a debt-equity ratio of 2.05.Return on assets is 9.2 percent,and total equity is $560,000.What is the net income?

• A)$105,616
• B)$148,309
• C)$157,136
• D)$161,008
• E)$164,909

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Definitions:

Epicanthic Eye Fold

A fold of skin at the inner corner of the eye; common in Asian populations.

Skin Fold

A method used to measure body fat by pinching the skin and fat at specific locations on the body to assess overall body composition.

Genetic Polymorphism

The occurrence of two or more different alleles of a gene in a population, leading to genetic variation among individuals.

ABO Blood Groups

A classification of human blood based on the presence or absence of antigens on the surface of red blood cells, which is significant for blood donation and transfusion compatibility.