The accounting profession has adopted a current operating performance approach to income reporting.

R. N. C., Inc. desires a sustainable growth rate of 4.5 percent while maintaining a 40 percent dividend payout ratio and a 6 percent profit margin. The company has a capital intensity ratio of 1.23. What equity multiplier is required to achieve the company's desired rate of growth?

A. 1.33 B. 1.38 C. 1.42 D. 1.47 E. 1.53

When a market segment is large or profitable enough to serve, it is termed ________

A) measurable B) accessible C) substantial D) actionable E) differentiable