CN Railways is North America's fifth largest railway. Use the financial information in the table to calculate CN's maximum internal 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%
A
You might also like to view...
Which of the following items is not a control plan of the AP/CD process?
a. check for authorized prices, terms, freight, and discounts b. independent validation of vendor invoices c. independent authorization to make payment d. reconcile bank account
In responding positively to a claim, begin the message with
a. information promoting other products. b. the good news that you are complying with the customer's request. c. an explanation of the reasons the request is granted. d. a reminder of the problem.
An integral component of a concentrated marketing strategy is _____
a. a high-fashion image b. a clear organizational mission statement c. a focus on one specific market segment d. a mass market appeal
Janice borrows $25,000 from the bank at 15 percent to be repaid in 10 equal annual installments. Calculate the end-of-year payment
What will be an ideal response?