The Net Profit of a Company for the Year Ended

question 60

Multiple Choice

The net profit of a company for the year ended was $550,000.The company has no preference shares.Ordinary shareholders' equity was $1,600,000 at the beginning of the year and $2,600,000 at the end of the year.Calculate the return on ordinary shareholders' equity.

• A)21.15%
• B)34.38%
• C)17.46%
• D)26.19%

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Definitions:

Core Benefit

The fundamental value or primary advantage that a customer receives from a product or service.

Market Position

The place a brand or product occupies in the mind of the customer and in the market relative to competitors, based on criteria like quality, price, and function.

Market Development

A strategic business process aimed at finding new markets or expanding existing ones for a product or service.

Dunkin' Donuts

A multinational coffee and donut company known for its wide variety of baked goods and beverages.