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CTSOs (career and technical student organizations) are formed to help develop academic knowledge, technical skills, employability, and leadership skills.
<h3>What are career and technical student organizations?</h3>
This is the term that is used to refer to the vocational organizations that are in existent in the American society that are useful for the students that are in the high school, the university and and other technological career centers.
The goals of the CTSOs is that they would be able to serve the students that are registered in the services so that they are taught certain competencies that they would require as they advance into the careers that they have chosen in the society.
Hence we can say that CTSOs (career and technical student organizations) are formed to help develop academic knowledge, technical skills, employability, and leadership skills.
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Answer:
9%
Explanation:
Given:
The net income = $12,000
Total equity = $40,000
Total assets = $80,000
Dividend payout ratio = 40%
Now,
Internal rate of return, r = 
or
Internal rate of return, r = 
or
Internal rate of return, r = 15%
and,
Retention ratio = 1 - Dividend payout ratio
= 1 - 0.40
= 0.60 or 60%
Now,
Growth rate = Retention ratio × Internal rate of return
or
Growth rate = 0.60 × 0.15
or
Growth rate = 0.09
or
Growth rate = 9%
Answer: A bank complies with the necessary permits to manage the resources of its clients.
Explanation: Banks must have a minimum level of liquidity to answer for the money they keep and for that security is that the rates paid are lower. As for a vehicle loan or corporate loans, they maintain the necessary terms and conditions so that the client can pay the fair interest and the documents are formal compared to the companies that grant loans without backing.
