Zero Corp's Total Common Equity at the End of Last

question 13

Multiple Choice

Zero Corp's total common equity at the end of last year was $405,000 and its net income was $70,000.What was its ROE?

• A)14.82%
• B)15.60%
• C)16.42%
• D)17.28%
• E)18.15%

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Definitions:

Brain

The central organ of the human nervous system, housed within the skull, responsible for coordinating sensory information and directing bodily responses.

Selective Attention

The process by which a person focuses on one input or task while ignoring other stimuli.

Stimuli

External factors or events that provoke a response from biological organisms, typically leading to behavioral or physiological changes.

Concentrate

To focus one's attention or mental effort on a particular object or activity.