The Three Phases of the "Disestablishment of Religion" in America

question 12

Multiple Choice

The three phases of the "disestablishment of religion" in America identified by Philip Hammond are

• A)separation of religion from government (the state), reduction of Protestantism as having a monopoly on Americanism and the American elite, and separation of religious identity from predominantly denominational and organizational expressions of faith and loyalty.
• B)separation of religion from government (the state), reduction of Protestantism as simultaneous with Americanism, and separation of children from the influence of their parents.
• C)Reduction of Protestantism as having a monopoly on Americanism and being part of the American elite, increase in religious influence on government and social policy, and separation of adolescent youth from religious influence by their parents
• D)Separation of people from denominational loyalty, separation of adolescence from the religious influence of their parents, separation of religious influence from everyday decisions about morality and life choices.

Calculate external financing needs based on sales growth, capacity utilization, and dividend payout ratios.

Determine the addition to retained earnings and total assets under specific growth conditions.

Analyze the relationship between sales growth, capacity utilization, dividend policy, and the need for additional financing.

Calculate the pro forma financial figures given a set growth rate and specific financial ratios.