Last Year Vaughn Corp

question 103

Multiple Choice

Last year Vaughn Corp.had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000.The firm's total-debt-to-total-assets ratio was 42.5%.Based on the DuPont equation, what was Vaughn's ROE?

• A) 14.77%
• B) 15.51%
• C) 16.28%
• D) 17.10%
• E) 17.95%

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Act of Self-Defense

A legal defense that justifies the use of force by one individual against another under threat of harm.

Harmful Act

An action that causes damage or injury to oneself or others, which can be physical, emotional, or environmental.

Repeat Offender

An individual who repeatedly commits crimes or violations, showing patterns of criminal behavior over time.

Mental Disease

A broad term referring to disorders that affect mood, thinking, and behavior, often significantly impacting day-to-day life.