Question
Better Burgers reported the following numbers (in millions) for the years ending February 2014 and 2015. Net income $1,587 Dividends 222 Total assets$13,750 12,938 Total
Better Burgers reported the following numbers (in millions) for the years ending February 2014 and 2015.
Net income $1,587 Dividends 222 Total assets$13,750 12,938 Total equity 6,381 4,664
What are the internal and sustainable growth rates?
What are the internal and sustainable growth rates using ROE b and (ROA b) and the end of period equity (assets)? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
What are the growth rates if you use the beginning of period equity in this equation? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
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