Answer:
9.94%(Approx).
Explanation:
Retention ratio=1- payout ratio
=1-0.32
=0.68
Sustainable growth rate=(ROE*Retention ratio)/[1-(ROE*Retention ratio)]
=(0.133*0.68)/[1-(0.133*0.68)]
=0.09044/0.90956
=9.94%(Approx).
Answer:
D. Has not committed an unethical act since the loan was documented in writing.
Explanation:
Section 102 of the Uniform Securities Act of 1956 specifies that it is unlawful and unethical for an investment adviser representative to enter into a contract with a client except it is provided in writing that he does not stand to gain any financial profit, that no assignment of the contract would be made without the consent of the other party, and that if there is any change in the membership of the contract, the other party would be notified.
So, if the contract was documented between the investment adviser and the client, then it would not be unethical conduct.
The decisions that Architects make include:
- how much money a building will be worth when finished.
- how people will feel when they enter or leave a building.
- where to put doors, walls, and windows.
- what building materials to use.
<h3>Who is an architect?</h3>
It should be noted that an architect simply means an individual who plans, designs and also oversees the construction of a building.
In this case, some of the decisions that Architects make include how much money a building will be worth when finished, how people will feel when they enter or leave a building, etc.
Learn more about architect on:
brainly.com/question/7472215
Answer:
C. VL = VU + PV(Tax Shield) - PV(CFD)
Explanation:
The static trade off theory is a theory of capital structure in corporate finance, first proposed by Alan Kraus and Robert H. Litzenberger. The theory emphasizes the trade-offs between the tax benefits of increasing leverage and the cost of bankruptcy associated with higher leverage. The <u>answer is C</u> as we know relative to the unleveraged firm, leverage provides both costs and benefits. The benefits are the tax shields provided by debt.
Answer: Individual income taxes are applied to a more narrowly defined set of income sources.
Explanation:
An individual income tax is a tax that is imposed by the governments on the income that is generated by individuals within the state. By law, all taxpayers must file the income tax return yearly to determine their tax obligations.
Payroll tax is the tax paid on the wages and salaries of the employees and they are used to finance social insurance programs, like Social Security and Medicare.
The difference is that the inividual income taxes are more narrowly defined set of income sources. Payroll is one of the sources of income while, the individual income is made up of other sources like rents, and the income from other business.