Katz reports total revenue of $375,650, cost of goods sold of $267,400 and net income of $48,325. Their total assets are $784,325 and total liabilities are $387,775. What is their return on equity (ROE)?

A) 33.72%
B) 12.19%
C) 6.16%
D) 21.38%

Answer: B

Business

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A salesperson is responsible for all the following activities during preparation for closing EXCEPT:

A. Notifying the buyer and seller of the date, time and place of the closing. B. Contacting the buyer and seller bout bringing any additional required closing documents to the closing. C. Taking the earnest money refund check, prepared by the broker, to the closing official. D. Preparing all of the documents that will be used at the closing.

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When asked to relate specific incidents and experience from your past, what type of interview is taking place?

A) Situational B) Working C) Panel D) Behavioral E) Stress

Business