The correct answer is visionary leader. A visionary leader
is a person who thinks about the advancements or the future in a way that it is
creative and imaginative as possible and that the person is thinking ahead of
time and has the power for change.
Answer:
(a) 15.46%
(b) $11,904.11
(c) 6.15%
Explanation:
(a) Sustainable growth rate:


= 29.32%
Retention Ratio = 1 - Dividend Payout
![=1-[\frac{9,400}{17,300}]](https://tex.z-dn.net/?f=%3D1-%5B%5Cfrac%7B9%2C400%7D%7B17%2C300%7D%5D)
= 45.66%



= 0.15446
= 15.46%
(b) Additional borrowing:
New Total Asset = (Total debt + Total equity) × (1 + Sustainable growth rate)
= (77,000+59,000) × (1 + 15.46%)
= 157025.4


= $88904.11
Increase in Borrowing = New debt - old debt
= $88,904.11 - $77,000
= $11,904.11
(c) Internal growth rate:


= 12.72%



= 0.0615
= 6.15%
Answer:
The contribution margin ratio is closest to 40%
Explanation:
The contribution margin ratio calculates the percentage of sales that will contribute to cover fixed costs and earn a profit. The contribution margin is the difference between the selling price per unit and the variable cost per unit of a product. The contribution margin ratio is the contribution margin per unit represented as a percentage of selling price per unit or total contribution margin represented as a percentage of total sales revenue.
CM Ratio = Total contribution margin / Total Sales revenue
CM ratio = 72000 / 180000 = 0.4 or 40%
Giving back.
Copying.
Returning a favor.