Frasier Cabinets wants to maintain a growth rate of 5 percent without incurring any additional equity financing. The firm maintains a constant debt-equity ratio of .0.55, a total asset turnover ratio of 1.30, and a profit margin of 9.0 percent. What must the dividend payout ratio be?
A. 26.26 percent
B. 38.87 percent
C. 49.29 percent
D. 61.13 percent
E. 73.74 percent
Answer: E. 73.74 percent
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Unemployment compensation laws are the same in all states, and all states participate in the federal-state unemployment insurance program
Indicate whether the statement is true or false.
The union at Westinghouse Machine Tools has been successfully representing the employees of the 110-year old company. Recently, one of the employees petitioned against the union, claiming that she and a few other employees were ignored in the union meetings and that they were discriminated against because they were African American. Which section of the NLRA did the union violate in this case??
A) ?Section 9(c)(3) B) Section 8(b)(3)? C) Section 8(b)(1)(A )? D) Section 2(11)