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 176 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
:D TYSM

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Alveolar margin of the Maxilla Alveolar margin of the Maxilla
The oxygen isotope curve illustrates the ratio between 16O and 18O. The oxygen isotope curve illustrates the ratio between 16O and 18O.
Sequential blending uses a computer to calculate the correct ratio as well as the prescribed order ... Sequential blending uses a computer to calculate the correct ratio as well as the prescribed order ...
Finding the angle from a ratio (Part 1) Finding the angle from a ratio (Part 1)
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 profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Heart Chambers

For a complete list of videos, visit our video library