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Cambria, Inc., had equity of $145030 at the beginning of the year. At the end of the year, the company had total assets of $257047.
Cambria, Inc., had equity of $145030 at the beginning of the year. At the end of the year, the company had total assets of $257047. During the year the company sold no new equity. Net income for the year was $26493 and dividends were $4982.
What is the sustainable growth rate for the company? (in %)
(Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 4 decimal places. For example, 1.23456% should be entered as 1.2346)
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