Titan Co Has a Net Income of $236,000

question 33

Multiple Choice

Titan Co. has a net income of $236,000. The firm has $1.4 million in assets and $300,000 in liabilities. What is the return on equity?

• A) 5.65%
• B) 7.875%
• C) 12.40%
• D) 16.86%
• E) 21.45%

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Definitions:

Emotional Intelligence

The ability to recognize, understand, and manage one's own emotions and the emotions of others in a productive and empathetic way.

Self-Management

Relates to the ability to control disruptive emotions and impulses.

Lincoln

The 16th President of the United States, Abraham Lincoln, known for leading the country during the Civil War and emancipating slaves with the Emancipation Proclamation.

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