-Consider Table 2

question 42

Multiple Choice

-Consider Table 2.2,National Income Accounts for 2005 and 2006.From this data,total GDP in 2005 was:

• A)$10,780.
• B)$24,884.
• C)$14,073.
• D)$12,385.
• E)Not enough information is given.

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Definitions:

Asset Turnover

A profitability ratio that measures how effectively a business is using its assets to generate sales, computed as sales divided by average total assets (excluding long-term investments).

Dividend Yield

The dividend per share a company pays out to its shareholders annually, expressed as a percentage of the stock's current market price.

Return on Stockholders' Equity

A financial ratio that measures the profitability of a corporation in relation to stockholders' equity, indicating how efficiently equity is being utilized.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time, typically reported on the income statement.