Exhibit 2-3 The Number of Sick Days Taken (Per Month) by 200

question 68

Multiple Choice

Exhibit 2-3
The number of sick days taken (per month) by 200 factory workers is summarized below.
-Refer to Exhibit 2-3. The number of workers who took at least 11 sick days per month

• A)was 15
• B)was 200
• C)was 185
• D)was 65

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Definitions:

Investment Center

A business unit or segment that is responsible for its own revenues, expenses, and investments, and its performance is measured by its return on investment (ROI).

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit from an investment by the cost of the investment.

Residual Income

The amount of income that an individual has after all personal debts, including the mortgage, have been paid. In a corporate context, it's the profit remaining after deducting the cost of capital.

DuPont Formula

A formula that breaks down Return on Equity into three parts: profitability, operating efficiency, and financial leverage, to analyze a company's financial health.