CN Railways is North America's fifth largest railway. Use the financial information in the table to calculate CN's maximum sustainable growth rate
CN Railway Company
As of December 31, Year 10
ROE 8.62%
ROA 3.02%
Net Profit Margin 9.35%
Total Asset Turnover 0.32
Dividend Payout Rate 30%
A) 2.2%
B) 3.1%
C) 6.4%
D) 7.0%
E) 9.4%
C
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Which statement is not true about principal components analysis (PCA)?
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Indicate whether the statement is true or false
The duty of care exercised by a collecting bank in handling an item transferred to it for collection does not include:
a. taking care in presenting the item. b. that it must act within a reasonable time after receipt of the bank item. c. taking care in routing. d. taking care in selecting intermediary banks. e. All of these are duties of care of collecting banks.
In which of the two forms of payment does the exporter not give up control of the merchandise until paid: a documents against payment collection or a documents against acceptance collection?
What will be an ideal response?