SoCal Furniture recently established a trust fund that will provide annual scholarships of $12,000 at the beginning of each year until 2050. These annual scholarships can best be described by which one of the following terms? A Amortized payment B. Annuity due C. Continuation D. Perpetuity E. Ordinary annuity QUESTION 9 Your company has total assets of $143,800, a debt-equity ratio of 0.65, and net income of $7,100. What is the return on equity? A 9.46% B.8.15% C.6.73% D.13.61% E. 3.48 %