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Assume the Following for Mighty Manufacturing Company

question 42

Essay

Assume the following for Mighty Manufacturing Company:
Operating efficiency = 0.1
Net income = $50,000,000
Net income margin = 0.05
Total asset turnover = 3
Leverage = 1.5
Retention rate = 0.3
(a) Calculate ROA.
(b) Calculate ROE.
(c) Find the growth rate of dividends.


Definitions:

Traditional Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning without considering thoughts or feelings.

Neuropsychology

The study of the relationship between brain function and behavior, including the effects of brain injuries and diseases.

Trait Theory

A psychological approach focused on the quantification and analysis of personality traits or characteristics that are consistent over time and situation.

Positive Reinforcement

Involves the addition of a rewarding stimulus following a desired behavior, increasing the likelihood of that behavior being repeated.

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