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Denim, Incorporated, had equity of $ 1 7 5 , 0 0 0 at the beginning of the year. At the end of the year,

Denim, Incorporated, had equity of $175,000 at the beginning of the year. At the end of the year, the company had total assets of $330,000. During the year, the company sold no new equity. Net income for the year was $37,000 and dividends were $5,000.
What is the sustainable growth rate for the company?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
What is the sustainable growth rate if you use the formula ROE b and beginning of period equity?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
What is the sustainable growth rate if you use end of period equity in this formula?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.

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