The Net Income for the Year Ended Was $300,000

question 123

Multiple Choice

The net income for the year ended was $300,000.Equity for common stockholders' at the end of the year was $1,600,000 and $1,400,000 at the beginning of the year.The return on common stockholders' equity would be:

• A)87.50%.
• B)21.43%.
• C)20.00%.
• D)18.75%.

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Definitions:

MAC Address

A hardware identification number that uniquely identifies each device on a network, ensuring that data packets reach the correct destination.

Wireless Access Point

A device that receives and transmits data from multiple computers that have wireless NICs installed. The access point can be a standalone unit or can be integrated into an ADSL router.

Safety Googles

Protective eyewear that completely covers the eyes, eye sockets, and the surrounding area to protect from dust, water, or chemicals.

Technical Field Kit

A collection of tools, equipment, and resources used by IT and telecommunications technicians for installation, service, and repair tasks in the field.