Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

16. Which of the following can affect a firm's sustainable rate of growth? . Asset turnover ratio Profit margin Ill. Dividend policy V. Financial leverage

image text in transcribed
16. Which of the following can affect a firm's sustainable rate of growth? . Asset turnover ratio Profit margin Ill. Dividend policy V. Financial leverage A. Ill only B. I and Ili only C. Il, I, and V only D. I, 1, and IV only E. 1, 11, , and IV F. None of the above. 18. Hayesville Corporation had net income of $5 million this year on net sales of $125 million per year. At the beginning of this year, its debt-to-equity ratio was 1.5 and it held $75 milion in total liabiities. it paid out $2 million in dividends for the year. What is Hayesville Corporation's sustainable growth rateo? A.3% B. 4% c.5% D.6% IF

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing Finance

Authors: CMI Books

1st Edition

1781252181, 978-1781252185

More Books

Students also viewed these Finance questions