Answer:
correct option is B. A nonprofit corporation
Explanation:
solution
correct option is nonprofit corporation because nonprofit corporation is also called as tax exempt corporation
and it does not have any purpose of profit for owner and no need to pay federal taxes and state or local taxes
nonprofit organization is reinvest its profit and this type of company solely reinvest in themselves
so correct option is B. A nonprofit corporation
Answer:
measures the rate of return on the book value of shareholders' total investment in the company.
Explanation:
Return on equity is referred to by the acronym ROI measures the rate of return on the book value of shareholders' total investment in the company.
The formula for calculating Return on Investment is Net Profit as a percentage of Total Investment.
Total investment here refers to net worth, which is total assets minus total liabilities; which gives the same value as equity.
That explains why the measure is referred to as Return on equity.
Answer:
D
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, England produces 10 yards of clothes and 5 kg of cheese. France produces 5 yards of clothes and 10 kg of cheese.
for England,
opportunity cost of producing clothes = 5/10 = 0.5
opportunity cost of producing cheese = 10/5 = 2
for France,
opportunity cost of producing cheese = 5/10 = 0.5
opportunity cost of producing clothes = 10/5 = 2
England has a comparative advantage in the production of clothes and France has a comparative advantage in the production of cheese
