Answer:
18.24
Explanation:
Sustainable growth rate is the rate of growth a company can afford in the long term
sustainable growth rate = retention rate x ROE
b = retention rate. It is the portion of earnings that is not paid out as dividends
Retention rate = 1 - payout ratio =
payout ratio = dividend / net income
retention rate = 1 - $44,640 / 72,000 = 0.38
Return on equity = net income / average total equity
= 72,000 / 150,000 = 0.48
g = 0.48 x 0.38 = 18.24%
Answer: The managers of Kendall’s Home Decorators are making a projection for the future, also known as a <em><u>forecast.</u></em>
<em>Forecasting is know as the technique of predicting future supported on past and present event or data , commonly done by analyzing trends. </em>
<em>Here in this case the managers of Kendall’s Home Decorators are predicting the demand.</em>
<u><em>Therefore the correct option is (a)</em></u>
Despite that the country takes less than 5% of world population, it accounts for more than <u>two-third</u> of the world's commercial energy production.
The use of commercial energy production in this context entails use of resources like electricity, coal, advanced petroleum products, nuclear materials etc
These resources are in massive use in United States for generation of electricity, agricultural, transportation, commercial development etc
Therefore, the answer is that United States uses more than <u>two-third</u> (2/3) of the world's commercial energy production.
Read more about this here
<em>brainly.com/question/2438721</em>
Answer:
stringed musical instrument
Explanation:
The piano is an acoustic, stringed musical instrument invented in Italy by Bartolomeo Cristofori around the year 1700 (the exact year is uncertain), in which the strings are struck by hammers.