ECN 204 Study Guide - Midterm Guide: Dividend Payout Ratio, Capital Asset Pricing Model, Asset Turnover

• School: Ryerson University
• Department: Economics
• Course: ECN 204
• Professor: Christopher Gore

Document Summary

Nso (rro) (d ns) - apo + alo. % rate of return = cash flow + (ending value -beginning value) D ns = change in net sales between next year and current year. Ce g = ni x ta x ns. Cebeg g = operating performance x financial policies g = roa x fp. Roe = net profit margin x asset turnover x equity multiplier x ns. Beginning equity g = ending equity - beginning equity. D e = net income x retention rate. D e/ebeg = (ni/ebeg) x rr g = (ni/ebeg) x rr g = change in equity. Entrepreneurial process comprises of developing opportunities, gathering resources, managing and building operations goal of creating value. Entrepreneurship: process of changing ideas into commercial opportunities, creating value. Entrepreneur: individual who thinks, reasons, & acts to convert ideas into commercial opportunities & to create value.