Question
BD Lean, Inc. (BDL) had sales of $200,000 on which it earned a net income of $22,000. It has a total debt of $51,000 and
BD Lean, Inc. (BDL) had sales of $200,000 on which it earned a net income of $22,000. It has a total debt of $51,000 and total equity of $60,000. Last year, it paid dividends of $6,000. What is its sustainable growth rate (SGR)?
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Financial Management EMEA Theory And Practice
Authors: Michael Ehrhardt, Roland Fox, Eugene Brigham
2nd Edition
1473760216, 9781473760219
