A Business Reports the Following in Its Financial Statements Its Rate of Return on Shareholders' Equity Is:
A) 11

question 4

Multiple Choice

A business reports the following in its financial statements:
$$\begin{array} { l r } \text { Net profit before tax } & \$ 100 \\\text { Interest expense } & 20 \\\text { Income tax expense } & 30 \\\text { Preference dividends paid } & 10 \\\text { Ordinary dividends paid } & 15 \\\text { Total assets at the beginning of the year } & 750 \\\text { Total assets at the end of the year } & 850 \\\text { Total liabilities at the beginning of the year } & 375 \\\text { Total liabilities at the end of the year } & 425\end{array}$$
Its rate of return on shareholders' equity is:

• A) 11.25%
• B) 15.0%
• C) 7.5%
• D) 22.5%

Acquire knowledge on designing and implementing input masks for data integrity.

Understand basic navigational operations in database software.

Identify and use database objects effectively.

Understand database data types and their purposes.

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Definitions:

Deadweight Loss

A decrease in economic effectiveness occurring when a good or service doesn't reach its free market equilibrium.

Minimum Wage

The lowest legal hourly rate of pay that employers can compensate workers, established to protect employees from exploitation.

Equilibrium Price

The price point in the market at which the supply of goods matches the demand for those goods.

Price Floor

A government-set minimum price for goods or services, above the market equilibrium price, aimed at preventing prices from falling too low.