When a Sole Proprietor Uses an Assumed Name, Some States

question 1

True/False

When a sole proprietor uses an assumed name, some states require that a notice of intent to transact business under an assumed name be published.

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Definitions:

Dividend Payout Ratio

The fraction of net earnings a firm pays to its shareholders as dividends, usually expressed as a percentage.

External Funding

Capital that comes from outside an organization, including bank loans, public offerings, or investments from private entities, used to finance operations, growth, or investments.

Assets/Sales Ratio

A financial metric indicating how much assets a company holds per unit of sales revenue.

Sustainable Growth Rate

The maximum rate at which a company can grow its sales and earnings without increasing its financial leverage or debt financing.