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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Definitions:

Hippocampus

A region of the brain crucial for learning and memory, particularly for forming new memories.

Brain Plasticity

The ability of the brain to change and adapt in response to experience, including the reorganization of its structure, functions, or connections.

Somatic Nervous System

Part of the peripheral nervous system that manages voluntary movements and the transmission of sensory signals to and from the central nervous system.

Consciousness

The combination of a person’s subjective experience of the external world and the person’s internal mental activity; this combination results from brain activity.