A Firm Has Total Assets of $800,000 and Total Liabilities

question 14

Multiple Choice

A firm has total assets of $800,000 and total liabilities of $300,000.There are no preference shareholders.Earnings before interest and taxes are $100,000.Interest is $21,000 and taxes are $34,000.The return on ordinary shareholders' funds is:

• A) 8.0%.
• B) 12.5%.
• C) 9.0%.
• D) 3.8%.

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Definitions:

Montessori Schools

Schools that offer early-childhood education based on the philosophy of Maria Montessori, which emphasizes careful work and tasks that each young child can do.

Accomplishment

The successful achievement of a task or goal, often resulting in a sense of satisfaction or pride.

Second Language

A language learned by a person after their native language, also known as L2.

Fast-mapping

The rapid learning and retention of new words by children, often after a single exposure, as part of language acquisition.