Use the Information Below to Answer the Following Question(s)

question 61

Multiple Choice

Use the information below to answer the following question(s) .Thacker Company has two regional offices.The information for each is as follows:

-An automotive dealership, with a book value of $3,000,000, and total assets of $5,000,000, has a long history of earning 18%.Last year, the company earned $900,000.The owner is considering acquiring another dealership in a nearby town.If the expansion increases income by 50%, what is the maximum amount of investment the owner can make in the new dealership in order to maintain his desired 18% return?

• A)$1,350,000
• B)$9,000,000
• C)$5,000,000
• D)$3,000,000
• E)$2,500,000

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Definitions:

Self-schema

Mental structures that an individual uses to organize their knowledge about themselves and guide the processing of self-relevant information.

Self-schemas

Cognitive representations of oneself that organize and guide the processing of self-relevant information.

Self-defining Attribute

A characteristic or quality that an individual believes is central to their identity.

Social Role Theory

A theory suggesting that individuals perform roles in society based on expectations and norms attached to their social position.