Joe Investor asserts, "A company cannot grow faster than its sustainable growth rate.". True or false? Explain why
Indicate whether the statement is true or false
False. The sustainable growth rate is the speed at which a company can expand withoutchanging either its level of profitability or its financial policies. Mechanically, sustainable growth rate = ROE ?(1 – dividend payout ratio). From this equation, we see that ROE and the dividend payout ratio determine the funds remaining in the firm and available to finance the firm's growth. If a company wants to exceed its sustainable growth rate, it can increase its return on equity by improving its profitability (return on sales), increasing its asset turnover, or increasing leverage. Alternatively, it can reduce its dividend payout rate, thereby increasing funds available for reinvestment.
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Turner Corporation is holding a meeting of its shareholders to elect directors to its board. The corporation permits shareholders to cumulate their votes. A group of shareholders are looking to elect a director who would represent their concerns on the board. If 400 shares are being voted and four directors are to be elected, how many shares does the group need to elect its preferred candidate as director?
A. 100 B. 81 C. 80 D. 101
In column D, a 1 indicates that the project will be selected and a 0 otherwise. If you want to find the cost weighted average IRR of just those projects that are selected, which array formula in B7 would be correct?
a) =SUM(B2:B5 *$D2:$D5)/B6
b) {=SUM(B2:B5/B6*C2:C5*$D2:$D5)}
c) =SUM(B2:B5/B6*C2:C5*$D2:$D5)
d) {=SUM(B2:B5/B6*$D2:$D5) }
Sustainability programs often find their success beyond company boundaries, thus ________ systems and ________ metrics cannot capture all of the relevant numbers.
A. external; bio B. external; external C. internal; process D. internal; internal
The data architect sets data-handling policies and assigns data entry.
Answer the following statement true (T) or false (F)