Question
BC Lean, Inc. (BCL) had sales of $200,000 on which it earned a net income of $20,000. It has a total debt of $48,000 and
BC Lean, Inc. (BCL) had sales of $200,000 on which it earned a net income of $20,000. It has a total debt of $48,000 and total equity of $60,000. Last year, it paid dividends of $6,000. What is its sustainable growth rate (SGR)?
A.55.56%
B.25.00%
C.68.75%
D.36.36%
E.30.43%
F.45.00%
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Ethical Obligations And Decision Making
Authors: Steven Mintz
1st Edition
0078025281, 9780078025280
