Which Best Describes Labor Unions

question 115

Multiple Choice

Which best describes labor unions?

• A)They are not generally accepted as an American institution.
• B)They are accepted as an American institution.
• C)They are more powerful today than they were 50 years ago.
• D)They were at the peak of their power in the early 20th century.

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Definitions:

Dividend Payout Ratio

A financial ratio that shows the portion of a company's earnings paid out to shareholders as dividends, expressed as a percentage of the company's total earnings.

Earnings per Share

A company's profit divided by its number of common outstanding shares.

Book Value per Share

This is the equity available to common shareholders divided by the number of outstanding shares, indicating the value per share if the company were liquidated.

Return on Total Assets

A financial ratio that measures the efficiency of a company's use of its assets in generating profit, calculated as net income divided by total assets.