A company has $2 million in net income, of which it pays $500,000 in dividends. At the beginning of the financial year it had $10
A company has $2 million in net income, of which it pays $500,000 in dividends. At the beginning of the financial year it had $10 million in shareholder equity. What is the company's sustainable growth rate?
Question 20 options:
- -55%
- 55%
- -5%
- 5%
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Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
