FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello, please i need this question again because it's was wrong.thanks Premier Corporation has an ROE of ( 14.7 ) percent and a payout ratio

Hello, please i need this question again because it's was wrong.thanks Premier Corporation has an ROE of \( 14.7 \) percent and a payout ratio of 46 percent. What is its sustainable growth rate? Note: Do not round intermediate calculations and enter your answer as a perc 2 answers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

10th edition

133052311, 978-0133052312

More Books

Students also viewed these Finance questions

Question

★★★★★
The substitution u=sin(x) is suitable to evaluate the integral cosx sin 3x O True O False

Answered: 1 week ago

Question

★★★★★
Suppose two individuals develop benign (noncancerous) tumors that produce symptoms because they occupy space and crowd adjacent organs. If one of these persons has the tumor in the thoracic cavity...

Answered: 1 week ago

Question

★★★★★
From the customer perspective, what serves to define value in the following services: (a) a hair salon, (b) a legal firm specializing in business and taxation law, and (c) a nightclub?

Answered: 1 week ago

Question

★★★★★
Are the hours flexible or set?

Answered: 1 week ago

Question

★★★★★
Document for Analysis: Poorly Written E-Mail Response Your Task. Analyze the following poorly written e-mail message, and list its specific weaknesses. If your instructor directs, revise it. To:...

Answered: 1 week ago

Question

★★★★★
RUNDLE COMPANY Balance Sheets As of December 31 Year 4 Year 3 Assets Current assets Cash $ 22,000 $ 18,000 Marketable securities 21,200 7,200 Accounts receivable (net) 53,000 45,000 Inventories...

Answered: 1 week ago

Question

★★★★★
An investor must choose between two bonds: Bond A pays $101 annual interest and has a market value of $880. It has 13 years to maturity. Bond B pays $86 annual interest and has a market value of...

Answered: 1 week ago

Question

★★★★★
5. Sharon plans to contribute $400 to an RRSP every quarter for the next 28 years. During this time, the 3. Consider the sketch below and fill in the blanks: (5 marks) RRSP is expected to earn 9.8%...

Answered: 1 week ago

Question

★★★★★
5. Philosophers and scientists alike would argue that humans have: Only hedonic goals and purposes Only eudaimonic goals and purposes Neither hedonic nor eudaimonic goals and purposes A mixture of...

Answered: 1 week ago

Question

★★★★★
Mike was the policy owner and life insured of a 20-year term life insurance policy, with a $500,000 face value, on which he had named his spouse, Rachel, as the beneficiary. Unfortunately, Mike was...

Answered: 1 week ago

Question

★★★★★
sheridan co issued 700,000 of 5-year,6% bonds at 96 on Jan 1 2027. the bonds pay interest annually. compute the total cost of borrowing for these bonds compute the total cost of borrowing for these...

Answered: 1 week ago

Question

★★★★★
Endor Company begins the year with $180,000 of goods in inventory. At year-end, the amount in inventory has increased to $197,000. Cost of goods sold for the year is $1,300,000. Compute Endor's...

Answered: 1 week ago

Question

★★★★★
On January 2,2020, Blossom Corp. issued a $80,000, four-year note at prime plus 1% variable interest, with interest payable semiannually. On the same date, Blossom entered into an interest rate swap...

Answered: 1 week ago

Question

★★★★★
Given that all the choices are true, which one concludes the paragraph with a precise and detailed description that relates to the main topic of the essay? A. NO CHANGE B. Decades, X-ray C. Decades...

Answered: 1 week ago

Question

★★★★★
=+P1119 Operating cash flows Hoffmann-La Roche is considering replacing one permeability test equipment with a new model. The old equipment is fully depreciated and would last 3 more years. The new...

Answered: 1 week ago

Question

★★★★★
=+LG 5 P1118 Operating cash flows: Expense reduction Biophore Corporation, an Indian pharmaceutical company, is considering replacing a labeling machine in one of its factories. The replacement will...

Answered: 1 week ago

Question

★★★★★
=+LG 5 P1117 Operating cash flows Michele operates a local tourist agency. He has been using an Olivetti personal computer (PC) for several years and believes it is time to buy a new one. He would...

Answered: 1 week ago

Previous Question Next Question