<span>The result of a strong, effective, market supporting formal institution is a developed economy. A developed economy can be found in a developed and industrialized country. It will be a sovereign state that is highly developed in technology and infrastructure.</span>
Answer:
what i don't understand the question
Answer:
Sustainable growth rate = 20.86%
Explanation:
Given the total asset turnover = 3
Profit margin = 5.9%
Equity multiplier = 1.50
Payout ratio = 35%
Sustainable growth rate = ROE * (1 – payout ratio) / 1- ROE * (1 – Payout ratio)
ROE = Profit margin * total asset turnover * equity multiplier
ROE = 5.9 * 3 * 1.5
ROE = 26.55%
Sustainable growth rate = 0.2655 * (1-0.35) / 1 – 0.2655 * (1-0.35)
Sustainable growth rate = 20.86%
In accounting, the fixed manufacturing overhead costs are included as part of Work in Process inventory under the absorption costing only
.
<h3>What is an
absorption costing?</h3>
An absorption costing is an accounting method that captures all costs associated with the manufacturing of a product.
Hence, the practice is that the fixed manufacturing overhead costs are included as part of Work in Process inventory under the absorption costing only.
Therefore, the Option D is correct.
Read more about absorption costing
<em>brainly.com/question/26276034</em>
Answer:
Sociability
Explanation:
By being sociable at work the new manager has developed an approachable relationship between his/her colleagues and subordinates in-other to reduce work stress and create environment with which workers would willingly put extra effort to complete difficult tasks.
