Apollo Corp

question 89

Multiple Choice

Apollo Corp.reported the following balance sheet: Apollo has sales of $600,000 and net income of $50,000.Apollo's return on equity is

• A)5.00%.
• B)50.00%.
• C)38.17%.
• D)41.13%.

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Definitions:

Drive-Reduction Theory

A theory in psychology that explains motivation as being rooted in the desire to reduce internal tensions caused by unmet biological needs.

Cognitive Developmental Theory

A psychological theory that suggests how children acquire knowledge and understanding of the world around them, often associated with Jean Piaget.

Tension Motivates

The concept that a certain level of stress or tension can drive individuals to perform better or reach their goals.

Resting State

A condition or state in which the body is not actively engaged in any physical activity, allowing for recovery and conservation of energy.