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answer + what should the equation be to find the sustainable growth rate % ? Iable 31 presents R&E Supplies' financial statements for the period
answer + what should the equation be to find the sustainable growth rate % ?
Iable 31 presents R\&E Supplies' financial statements for the period 2014 through 2017, and Iable 35 presents a pro forma financial forecast for 2018. Use the information in these tables to answer the following questions. a. Calculate R\&E's sustainable growth rate in each year from 2015 through 2018. Assume the dividend payout ratio was the same in 2015-17 as forecasted in 2018. (Round your answers to 1 decimal place.) ABLE 3.1 Financial Statements for R\&E Supplies, Inc., December 31, 2014-2017 (\$ thousands) 3.5 Forecasting with a Spreadsheet: Pro Forma Financial Forecast for R\&E Supplies, Inc., December 31 Step by Step Solution
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