Sustainable growth rate Mac and Lindseys Doughnut Shop, Inc., had a taxable income of $1,152,546 and a
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Sustainable growth rate Mac and Lindsey’s Doughnut Shop, Inc., had a taxable income of $1,152,546 and a tax rate of 35 %. They have 500,000 shares outstanding and have a dividend per share (DPS) of $.51. They have a ROE of 21.74 %. What is the firm’s sustainable growth rate?
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Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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