BRT Ltd's financial statements show the following figures: Sales revenue $240.29 million Net Income $65.53 million Total
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Question:
BRT Ltd's financial statements show the following figures:
- Sales revenue $240.29 million
- Net Income $65.53 million
- Total Assets $204 million
- Return on equity 12.24%
- Cash dividend paid $38.15 million
Calculate the sustainable growth rate for BRT Ltd.
Related Book For
Understanding Financial Accounting
ISBN: 978-1118849385
1st Canadian Edition
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
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