Question
Better Burgers reported the following numbers (in millions) for the years ending February 2017 and 2018. 2017 2018 Net income $ 1,527 Dividends 216 Total
Better Burgers reported the following numbers (in millions) for the years ending February 2017 and 2018. 2017 2018 Net income $ 1,527 Dividends 216 Total assets $ 13,690 12,878 Total equity 6,321 4,604 What are the internal and sustainable growth rates? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
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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