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19. Johnson Products earned $2.80 per share last year and dividend of $1.25 per share. If the Return on Equity (RO) wa percent, estimate the
19. Johnson Products earned $2.80 per share last year and dividend of $1.25 per share. If the Return on Equity (RO) wa percent, estimate the sustainable growth rate. A. Less than 4.00% B. 4.00% to 6.00% C. 6.00% to 8.00% D. 8.00% to 10.00% E. More than 10.00%
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
