Last Year Vaughn Corp

question 34

Multiple Choice

Last year Vaughn Corp.had sales of $315,000 and a net income of $17,832,and its year-end assets were $210,000.The firm's total-debt-to-total-assets ratio was 42.5%.Based on the Du Pont equation,what was Vaughn's ROE?

• A)14.77%
• B)15.51%
• C)16.28%
• D)17.10%

---

Definitions:

Weigh Advantages

To weigh advantages means to evaluate the positive aspects or benefits of different options or actions to make an informed decision.

Cross-Marketing

A strategy where two or more companies or brands collaborate to promote each other's products or services to their respective customer bases.

Realism

An artistic and literary movement or style that seeks to depict subjects as they are actually experienced, without idealization.

Differentiate

To recognize or ascertain what makes someone or something different.