bottom line. This is a direct quote from the textbook by Cengage called Employment and Labor Law.
I believe the answer is -A!
Have a Warm and Wonderful Day!!
Answer:
Return on equity = Net income/Shareholders' equity x 100
= $29,600/$829,000 x 100
= 3.57%
The company's return on equity is closest to 3.67%
Explanation:
Return on equity is the ratio of net income to shareholders' equity. The net income = $29,600 and shareholders' equity = $829,000. The division of net income by shareholders' equity gives return on equity.
Answer:
Confirmation bias.
Explanation:
Confirmation bias is defined as the tendency for an individual to recall and favour information that confirms one's previous beliefs or hypothesis. It is a form of cognitive bias.
In the given example Joe only accepted information that would confirm his belief that there are fewer cars on the road (that is his commute is now shorter).
He however rejected the information that he now works the night shift, a period when traffic is low.
