What proportion of earnings is being plowed back into the firm if the sustainable growth rate is 8 percent and the firm's ROE is 20 percent?

When depreciation is computed for partial periods under a decreasing charge depreciation method, it is necessary to

A. charge a full year's depreciation to the year of acquisition. B. determine depreciation expense for the full year and then prorate the expense between the two periods involved. C. use the straight-line method for the year in which the asset is sold or otherwise disposed of. D. use a salvage value equal to the first year's partial depreciation charge.

In a survey of customers and salespeople, which of the following was considered MOST important in determining whether a salesperson was trustworthy?

A. Product knowledge B. Positive attitude C. Well-dressed D. Intelligent E. Asks good questions