Denver Systems Has Total Assets of $1,000,000; Common Equity of $400,000;

question 5

Multiple Choice

Denver Systems has total assets of $1,000,000; common equity of $400,000; a gross profit of $800,000; total operating expenses of $620,000; interest expense of $20,000; income taxes of $74,000; and preferred dividends of $30,000.What is Denver Systems' return on equity?

• A) 7.5%
• B) 20.0%
• C) 21.5%
• D) 14.0%

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Definitions:

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature that affects an individual's employment or creates a hostile work environment.

Offensive

Something that can cause someone to feel hurt, upset, or uncomfortable due to its inappropriate or disparaging nature.

Mobbers

Mobbers refers to individuals or groups who participate in mobbing, which is a form of bullying in which the victim is attacked by a group, rather than an individual, often in a workplace setting.

Low Achievers

Individuals who consistently perform below the expected standard or achieve less success compared to their peers.