Which of the following creates a secured short-term loan with accounts receivable?

As the human resource director, Trisha provides each manager with a breakdown of the metrics for employee performance measurement. She asks them to evaluate their staff against the standards provided in these metrics. Trisha is providing the managers with a(n) _____ device.

a. incentive b. value c. procedure d. control e. process

What is the return on equity for a firm that has a constant dividend growth rate of 7 percent and a dividend payout ratio of 60 percent?

A) 11.67 percent B) 2.80 percent C) 17.50 percent D) 4.20 percent