A Firm Has a (Net Profit/pretax Profit)ratio of 0

question 53

Multiple Choice

A firm has a (net profit/pretax profit) ratio of 0.6,a leverage ratio of 2,a (pretax profit/EBIT) of 0.6,an asset turnover ratio of 2.5,a current ratio of 1.5,and a return on sales ratio of 4%.The firm's ROE is _________.

• A)4.2%
• B)5.2%
• C)6.2%
• D)7.2%
• E)none of the above

Analyze the changes in the size and function of government in the U.S. over the past century.

Understand the concept of opportunity cost and its implications in resource allocation and decision-making.

Distinguish between positive and normative economics and recognize examples of each.

Comprehend the principles of self-interest and altruism in economic behavior.

---

Definitions:

Nonjudgmental Way

An approach or attitude that involves accepting and considering thoughts, feelings, or behaviors without criticism or bias.

Psychodynamic

An approach in psychology that emphasizes systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.

Unconscious Motives

Drives or desires that influence an individual's behavior without their conscious awareness.

Justification of Effort

A phenomenon where individuals assign greater value to outcomes they have put effort into achieving.