The 2017 Balance for Mason Electronics Reported the Following Items

question 97

Multiple Choice

The 2017 balance for Mason Electronics reported the following items - with 2016 figures given for comparison:

Net income for 2016 was $20,000.Compute the rate of return on common stockholders' equity for 2016.(Round your final answer to two decimal places. )

• A)3.48%
• B)8.13%
• C)8.85%
• D)3.76%

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Definitions:

Dominant Strategies

In game theory, a strategy that is best for a player in a game regardless of the strategies chosen by other players.

Equilibrium

The state in an economy or market where demand equals supply, leading to stable prices.

Poison Pill

A strategy used by companies to prevent or discourage hostile takeovers by making the company less attractive to the acquirer.

Dominant Strategy

A strategy in a game where, regardless of the opponent's move, it remains the best choice.