Which of the Following Firms Would Be Expected to Have

question 93

Multiple Choice

Which of the following firms would be expected to have a high ROE based on that firm's high profitability?

• A) a medical supply company that provides very precise instruments at a high price to large medical establishments such as hospitals
• B) a low-end retailer that has a low mark-up on all items it sells
• C) a brokerage firm that has high levels of leverage
• D) a grocery store chain that has very high turnover, selling many multiples of its assets per year

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Definitions:

Short-term Memory

The part of the memory system where information is stored for a short duration, typically around 20 to 30 seconds.

Episodic Memory

The type of long-term memory that involves the recollection of specific events, situations, and experiences, including the context of time and place.

Digit-span Test

A psychological test used to measure working memory's capacity by having subjects repeat back a sequence of numbers.

Declarative Memory

A type of long-term memory that involves the recall of specific facts and events which can be verbally stated or "declared."