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A company has sales of $5,000 and total assets of $3,000. The debt-equity ratio is .25 and ROE is .15. The company retained earnings in
A company has sales of $5,000 and total assets of $3,000. The debt-equity ratio is .25 and ROE is .15. The
company retained earnings in the amount of $240 this year. a. (5 points) What is this companys net income?
b. (5 points) At what rate can this company grow if it would like to maintain its debt-equity ratio and not issue any new equity for the foreseeable future?
c. (5 points) What is this companys total debt ratio?
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