Which of the following would be considered a

Ramble On Co. wishes to maintain a growth rate of 13.6 percent per year, a debt-equity ratio of 1.8, and a dividend payout ratio

Korvikt [17]

Answer: 5.99%

Explanation:

Based on the question,

Dividend payout ratio = 30%

Therefore, the retention ratio will be:

= 1 - 30%

= 70%

Growth rate = 13.6%

We'll the use the sustainable growth rate formula which will be:

0.136 = (ROE x 0.7)/ (1-(ROE x 0.7))

0.136(1 - (0.7ROE)) = 0.7ROE

ROE = 0.136/0.7952

ROE = 0.171026

Then, the Profit margin will be:

ROE = Profit Margin x Asset Turnover x Equity multiplier

0.171026 = PM x (1/0.98) x (1 + 1.8)

0.171026 = PM x (1/0.98) x 2.8

PM = 0.171026 x 0.98/2.8

PM = 0.0598591

Profit margin = 5.99%

3 0

3 years ago

Chi-Ling thought it would be best to put Connor in charge of making decisions for the accounting team and Manami in charge of ma

Dmitry_Shevchenko [17]

The aspect of analyzing teamwork is Chi-Ling using is authority differentiation. Thus the option 3rd is correct.

<h3 /><h3>What is Authority?</h3>

Authority refers to the power access by the individual or the government over the others. The authoritative person can make the decisions regarding the various sectors and make his subordinates to work in his accord.

The Chi ling has divided the work of the accounting and marketing between his employees and made the head of the department. Thus this concept of analyzing the teamwork is known as authority differentiation.

The authority of the both the employees Connor and Manami is well defines they both will looking after their filed and are free to take decisions on their department.

Learn more about teamwork here:

brainly.com/question/18869410

#SPJ1

5 0

2 years ago

What role does savings play in the process of economic growth

matrenka [14]

Answer:

The role played by banks in the economic growth is that savings promote the generation of loans, and generate funds to new businesses.

Explanation:

Banks use the funds on the savings accounts to generate credits to other clients that might be persons or companies.

Suppose that you have $1000 dollars saved in your bank account. Then, your bank only needs to keep a deposit of the 10% from the $1000. This means to save $100 and use the rest $900 to generate credits to other customers.

The $900 remaining will be loan to individuals or companies to finance new projects such as: Buying a car, house, invest in machinery or re design a branch from a cloth store.

These projects boost economic growth as they move the economy with consumption, and investment.

6 0

3 years ago

Which of the following should occur when assessing a safety and health program’s effectiveness?

rosijanka [135]

A because you need to put people to practice

4 0

3 years ago

Your company currently holds 20% market share of the tennis equipment industry, with a gross margin of $6,000,000. Your new goal

Lesechka [4]

Answer:

It will need to increase his marketing effort by $571,428.57

Explanation:

overall sales 70,000,000

overall marketing 16,000,000

current share 20%

14,000,000 sales revenue

3,200,000 marketing effort

potencial share of 22%

if we add a dollar of marketing effort, our competitor will also add a dollar.

So we have the following situation:

$\frac{3,200,000 + X}{16,000,000 + 2X}= 0.22$

1 dollar of the company increase the marketing effort by 2 dollars, 1 of our own, and one for the competitors.

<u>We solve for X:</u>

3,200,000 + X = (16,000,000 + 2X) x 0.22

3,200,000 + X = 3,520,000 + 0.44X

X - 0.44X =3,520,000 - 3,2000,000

.56X = 320,000

X = 320,000/.56 = 571,428,5714

It will need to increase his marketing effort by $571,428.57

5 0

3 years ago