( P528)Union Response to Gain-Sharing Plans Is to Oppose Them Due

question 70

True/False

( p.528)Union response to gain-sharing plans is to oppose them due to low trust of management.

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Definitions:

Sustainable Growth Rate

The maximum growth rate a company can achieve without having to increase its financial leverage or debt.

Internal Growth Rate

The maximum rate at which a company can expand its operations using only internally generated revenues, without resorting to external financing.

Plowback Ratio

The proportion of earnings retained by a company after dividends are paid, usually to fund growth or pay down debt.

Debt-Equity Ratio

A measure used to evaluate a company's financial leverage, calculated by dividing its total liabilities by its shareholders' equity.