Home Interiors Has Net Income of $248,000

question 21

Multiple Choice

Home Interiors has net income of $248,000.The firm has decided to pay $160,000 of that income out to the shareholders.What is the firm's retention ratio?

• A).355
• B).412
• C).450
• D).588
• E).645

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Definitions:

Gray Matter

Regions of the brain and spinal cord composed mainly of nerve cell bodies and responsible for processing information.

Myelinated Nerve Fibers

Nerve fibers surrounded by a protective fatty layer called myelin, which increases the speed of signal transmission.

All-or-none Principle

A principle stating that a neuron either fires at full amplitude or not at all, depending on whether the stimulus reaches the threshold level.

CNS

The central nervous system, consisting of the brain and spinal cord, responsible for processing and sending messages to and from the body.