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question 120

Multiple Choice

[The following information applies to the questions displayed below.]
Shown below are selected data from the financial statements of Supreme Co.Dollar amounts are in millions (except for the per share data) .
Supreme reported earnings per share for the year of $4 and paid cash dividends of $1 per share.At year-end,the Wall Street Journal listed Supreme's capital stock as trading at $88 per share.
-200 Supreme's return on equity was:

• A)11%.
• B)25%.
• C)7.5%.
• D)16.3%.

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Definitions:

Election Provisions

The rules and procedures governing how elections are conducted within a labor union context, including the election of representatives or decisions on union status.

Union Democracy

A concept that pertains to the governance of labor unions in a democratic manner, ensuring the participation and representation of all members.

Ethical Theory

An area of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

Human Dignity

The intrinsic value and worth of all individuals, emphasizing respect for their autonomy, rights, and well-being.