Question
Capital at start of planning period = $320 Asset at start of planning period = $3,520 Dividend ratio = 40% Asset growth rate = 12%
Capital at start of planning period = $320
Asset at start of planning period = $3,520
Dividend ratio = 40%
Asset growth rate = 12%
ROE = 15%
Forecasted leverage multiplier = 10
What is the capital ratio next period? (NOTE: By default, the unit of the answer is %. The answer must be input with two 2 decimal places, i.e. if the answer is 12%, please input 12.00)
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Accounting Principles Part 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306791, 978-1118306796
