Nikko Corp

question 24

Multiple Choice

Nikko Corp.'s total common equity at the end of last year was $305,000 and its net income after taxes was $60,000.What was its ROE?

• A) 16.87%
• B) 17.75%
• C) 18.69%
• D) 19.67%
• E) 20.66%

---

Definitions:

Superego

In psychoanalytic theory, the part of the psyche that operates as a moral conscience.

Castration Anxiety

A concept in psychoanalytic theory describing a child's fear of bodily loss or damage, particularly the fear of losing the genitals, related to feelings of parental authority and sexual identity.

Oedipus Complex

A Freudian theory proposing a child's unconscious sexual desire for the opposite-sex parent and jealousy towards the same-sex parent.

Phallic Stage

In psychoanalytic theory, a developmental stage in early childhood focusing on the genitals and the differences between males and females.