Outlaws is a general goods retail chain in the High Plains region. Use the financial information in the table to calculate Outlaws maximum sustainable growth rate

Selected Ratios
Outlaws Inc. Year 5
ROE 9.98%
ROA 4.27%
Net Profit Margin 2.15%
Total Asset Turnover 1.99
Dividend Payout Rate 0%

A) 11.0%
B) 11.1%
C) 11.2%
D) 11.3%
E) 11.4%

B

Business

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Something a database must do to fulfill its purpose is called a:

A) Requirement B) Procedure C) Report D) Form

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Which statement is not true?

a. The journal voucher is the only source of input into the general ledger. b. A journal voucher can be used to represent summaries of similar transactions or a single unique transaction. c. Journal vouchers are not used to make adjusting entries and closing entries in the general ledger. d. Journal vouchers offer a degree of control against unauthorized general ledger entries.

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