0 12. The most recent financial statements for Shinoda Manufacturing Co. are shown below: Income Statement Sales Costs Taxable income Tax (30%) Net Income Balance Sheet $63,300 Current assets 45,130 Fixed assets $ 18,170 Total 5,451 $12,719 $ 23,500 Debt 76,400 Equity $99,900 Total $ 39,700 60,200 $99,900 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 34 percent dividend payout ratio. No external financing is possible. What is the ROA? What is the internal growth rate?

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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answer; schedule c;