As a new member of the Brewer’s Guild, you notice that the association has its own way of operating. Last week, the other association members told you about their last Halloween party. Apparently, all of the members of the club became very drunk, and you get the impression that drinking is a common practice for club members. This is an example of members into the culture of the organization through the use of .

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%