-According to the Above Table

question 44

Multiple Choice

$\begin{array}{llcc} \text { Net sales reverule } &\$900,000 \\ \text { Expenses } &\$500,000\\ \text { Interest } &\$10,000\\ \text { Income tax expense } &\$90,000\\ \text {Net cash from operations } &\$290,000\\ \text { Fixed Assets end of currert year } &\$600,000\\ \text { Liabilities end of current year } &\$100,000\\ \text { Stockholders \({ } ^ { ' }\) equity end of curent year } &\$500,000\\ \text { Fixed Assets end of previous year } &\$590,000\\ \text { Stockholders \({ } ^ { ' }\) equity end of previous year } &\$490,000\\ \text { Common stock outstanding} &40,000 \text {shares}\\ \text {Curent market price of stock } &\$15 \text { share}\\\end{array}$


-According to the above Table.Calculate the return on equity ratio for the current year.

• A)66.66%
• B)60.61%
• C)50.42%
• D)80.81%

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Definitions:

Prejudiced Attitudes

Preconceived opinions or judgments towards people or a group that are not based on reason or actual experience, often negative and discriminatory.

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their society and develop a sense of self.

Racial Attitudes

The beliefs, feelings, and behaviors individuals hold towards others based on their racial identity.

Assimilation Perspective

A theory or viewpoint that suggests that minority groups gradually adopt the patterns and norms of the dominant culture, leading to a loss of cultural distinctiveness.