Sustainable growth rate: Rocky Sales, Inc., has current sales of $1,215,326 and net income of $211,253. It

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Sustainable growth rate: Rocky Sales, Inc., has current sales of $1,215,326 and net income of $211,253. It also has a debt ratio of 25 percent and a dividend payout ratio of 75 percent. The company’s total assets are $712,455. What is its sustainable growth rate?

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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