Zero Corp's Total Common Equity at the End of Last

question 82

Multiple Choice

Zero Corp's total common equity at the end of last year was $370,000 and its net income was $70,000.What was its ROE?

• A) 18.92%
• B) 18.92%.
• C) 14.57%
• D) 17.41%
• E) 15.32%

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Definitions:

Possessions Worth

The total value or worth of all the assets that an individual owns, including money, real estate, and personal belongings.

Wealth Inequality

The unequal distribution of assets among residents of a country or the world, leading to disparities in wealth and economic opportunities.

Income Inequality

The unequal distribution of individual or household income across the various participants in an economy, contributing to varying levels of wealth within a society.

Quintile Shares

refer to the division of a population into five equal groups based on a particular variable, typically used for analyzing income distribution.