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A company has the following items for the fiscal year 2020: Revenue = 10 million Net income = 2 million Total dividends = 0.8 million

  1. A company has the following items for the fiscal year 2020:
  • Revenue = 10 million
  • Net income = 2 million
  • Total dividends = 0.8 million
  • Total Equity = 15 million
  • Total Assets = 30 million

Calculate the companys ROE, retention ratio, and sustainable growth rate (You need to show (1) the formula and (2) your calculation process.)

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