Nikko Corp

question 29

Multiple Choice

Nikko Corp.'s total common equity at the end of last year was $305, 000 and its net income after taxes was $60, 000.What was its ROE?

• A) 16.87%
• B) 17.75%
• C) 18.69%
• D) 19.67%
• E) 20.66%

---

Definitions:

Discrimination

Unfair or prejudicial treatment of people based on characteristics such as race, age, sex, or disability.

A Class Divided

An educational experiment conducted by teacher Jane Elliott to teach her class about discrimination, which involved separating students by eye color to demonstrate the effects of prejudice and racism.

Cross-Cultural Leader

An individual capable of leading and managing people across different cultures effectively.

Integrative Approach

A method that combines various theories, practices, or strategies to address complex issues or problems comprehensively.