Retailers Inc

question 104

Multiple Choice

Retailers Inc.and Computer Corp.each have assets of $10,000 and a return on common equity equal to 15%.Retailers has twice as much debt and twice as many sales relative to Computer Corp.Retailers' net income equals $750,and its total asset turnover is equal to 3.What is Computer Corp.'s profit margin?

• A) 2.50%
• B) 5.00%
• C) 7.50%
• D) 10.00%
• E) 12.50%

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Definitions:

Personality

The combination of emotions, thoughts, behaviors, and patterns that define an individual's character and influences their interactions with the environment.

Sociological Status

An individual's standing or position within society, which can be influenced by factors such as wealth, occupation, and education.

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A theory that describes the process of human development through a series of eight social stages from infancy to adulthood, emphasizing the social nature of our development.

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