Question
2. XYZ Inc. had equity of $175,000 at the beginning of the year. At the end of the year, the company had total assets of
2. XYZ Inc. had equity of $175,000 at the beginning of the year. At the end of the year, the company had total assets of $325,000. During the year, the company sold no new equity. Net income for the year was $25500 and dividends were $11475. What is the sustainable growth rate for the company? What is the internal growth rate for the company?
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Financial Econometrics
Authors: Peijie Wang
1st Edition
0415426693, 978-0415426695
