A Firm's Net Income for the Year Was $800,000

question 14

Multiple Choice

A firm's net income for the year was $800,000. Average assets totaled $6 million, and average liabilities totaled $1.2 million. Return on equity was:

• A) 13.3%
• B) 16.7%
• C) 10%
• D)20%

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Definitions:

Generosity

The quality of being kind and generous.

Self-image

Refers to the personal view or perception one holds about themselves, encompassing beliefs about one's appearance, abilities, and worth.

Johari Window

A grid showing how much information you know about yourself as well as how much other people know about you

Performance Evaluation

A systematic process for assessing an employee's job performance over a specific period.