Question
. Determine a firms financial policy multiplier based on the following information: sustainable growth rate = 30%; net profit = $120,000; net sales = $480,000;
. Determine a firms financial policy multiplier based on the following information: sustainable growth rate = 30%; net profit = $120,000; net sales = $480,000; total assets = $960,000 and dividends = $48,000. Round your answer to 2 decimals. (a) 0.95 (b)2.40 (c) 4.00 (d) 6.00 (e) None of the above
answer 2.4
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
