This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Craftsman Inc., has a profit margin of 8, an asset turnover ratio of 2.3, a leverage ratio of 1.50 ... (Read 165 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
on: Jul 11, 2018
Craftsman Inc., has a profit margin of 8, an asset turnover ratio of 2.3, a leverage ratio of 1.50 and a retention ratio of .60. What is the firm's sustainable growth rate?
 
  A) 3.13
  B) 8.70
  C) 16.56
  D) 46.00

Question 2

Which of the following forms of business organization has the greatest ability to attract new
  capital?
 
  A) sole proprietorship B) general partnership
  C) limited partnership D) corporation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
Reply #1 on: Jul 11, 2018
Answer to Question 1

C
Explanation: C) Sustainable Growth = ROE  b = (8  2.3  1.5 )  .60 = 16.56

Answer to Question 2

D


dakota nelson

  • Member
  • Posts: 604
Reply 2 on: Jul 11, 2018
Gracias!

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Chinese officials have become concerned about the lopsided gender ratio that their “one couple, ... Chinese officials have become concerned about the lopsided gender ratio that their “one couple, ...
A Mental Model of the Craftsman Experiment A Mental Model of the Craftsman Experiment
Signal transduction pathways involving phosphoinositide turnover Signal transduction pathways involving phosphoinositide turnover
Finding the angle from a ratio (Part 2) Finding the angle from a ratio (Part 2)
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
The coefficient of the restitution of an object is defined as the ratio of its outgoing to ... The coefficient of the restitution of an object is defined as the ratio of its outgoing to ...
Video: Types of Transport - Uniport, Antiport and Symport (Glucose and Na+K+ Transporters)

For a complete list of videos, visit our video library