The Records of Everyday Electronics Corporation for a Particular Period

question 12

Multiple Choice

The records of Everyday Electronics Corporation for a particular period include the following: $$\begin{array} { l r } \text { Average total assets } & \$ 760,000 \\\text { Average total liabilities } & 485,000 \\\text { Total revenue } & 200,500 \\\text { Total expenses (including income tax) } & 135,000\end{array}$$ What is the return on equity ratio?

• A)13.2%.
• B)23.8%.
• C)24.0%.
• D)8.4%.

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Familiar Situations

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Arranged Marriages

Marriages where the spouses are selected by a third party rather than by each other, commonly practiced in certain cultures and communities.

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The child of one's aunt or uncle, sharing a set of grandparents.

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