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Rzqust [24]
4 years ago
15

The newspaper reported last week that Bennington Enterprises earned $34.08 million this year. The report also stated that the fi

rm’s return on equity is 17 percent. The firm retains 75 percent of its earnings. What is the firm's earnings growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)
Business
1 answer:
sweet-ann [11.9K]4 years ago
5 0

Answer:

Consider the following calculation.

Explanation:

Sustainable growth rate =(Retention rate*Return on equity)

=(0.75*0.17)=.1275

=12.75%

Next year earnings =$34.08 million *112.75%

=$38.4252 million

=$384,25,200 .

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aalyn [17]

Answer:

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8 0
3 years ago
Training is a skill learning process.​
Trava [24]

Explanation:

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7 0
3 years ago
Anastasia makes a good salary but wants to be sure she has good credit so she can buy a condominium when she has saved enough mo
Mandarinka [93]

Answer: She should pay down both her student loan and the credit card debt

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From the question, we are informed that Anastasia makes a good salary but wants to be sure she has good credit so she can buy a condominium when she has saved enough money for a down payment on a mortgage.

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3 years ago
an apartment building that sold for $780,000 had a monthly gross income of $8,000. what is its monthly gross rent multiplier?
notka56 [123]

97.5

$780,000 ÷ $8,000 = 97.5 GRM

GRM means the Grievance Redress Mechanism prepared as could also be agreed between the Parties for the aim of resolving gross rent social issues or grievances arising out of or in reference to the Project Framework Documents.

In order to work out the gross rent multiplier, you'd divide the value of the property by its gross income. As an example, if a property is selling for $5,000,000 and it produces a Gross income of $820,000, the GRM would be $5,000,000 divided by $820,000 which ends during a value of 6.09.

Global Response Management (GRM) may be a veteran-led international medical NGO registered within the u. s. as a 501(c)(3) organization. A "good" GRM depends heavily on the kind of rental market within which your property exists.

A percent defined because the monthly expected rent for a property divided by terms of the property. The lower the rent to value ratio, the higher an investment. A perfect rent to value ratio is 0.7%, and 1% or higher is great.

learn more about gross rent: brainly.com/question/14421244

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5 0
2 years ago
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zzz [600]

Answer:

you are able to make better informed decisions

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