If, for the S&P Industrials Index, the Profit Margin Was

question 93

Multiple Choice

If, for the S&P Industrials Index, the profit margin was 0.20 and the equity turnover ratio was 13, the ROE would be

• A) 0.026 percent.
• B) 2.600 percent.
• C) 6.500 percent.
• D) 26.00 percent.
• E) 65.00 percent.

---

Definitions:

Intent

The purpose or aim behind an action, demonstrating a conscious decision to perform that particular act.

Larceny

The wrongful taking and carrying away of another person’s personal property with the intent to permanently deprive the owner of the property. Some states classify larceny as either grand or petit, depending on the property’s value.

Force

The application of physical power or coercion; in legal contexts, it refers to compulsion by threat or physical action.

Robbery

The act of forcefully and unlawfully taking personal property of any value from another; force or intimidation is usually necessary for an act of theft to be considered a robbery.