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Better Burgers reported the following numbers (in millions) for the years ending February 2014 and 2015. 2014 2015 Net income $ 1,537 Dividends 217 Total
Better Burgers reported the following numbers (in millions) for the years ending February 2014 and 2015.
2014 | 2015 | ||||||
Net income | $ | 1,537 | |||||
Dividends | 217 | ||||||
Total assets | $ | 13,700 | 12,888 | ||||
Total equity | 6,331 | 4,614 | |||||
What is the internal and sustainable growth rates using ROE X b and (ROA X b) and the end of period (assets)? What are the growth rates if you use the beginning of period equity in this equation? Internal growth rate = Sustainable growth rate= |
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