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HI I am stuck on a homework problem. I cant figure out what I am doing wrong. I am trying to find the sustainable growth
HI I am stuck on a homework problem. I cant figure out what I am doing wrong. I am trying to find the sustainable growth rate.
Total asset turnover= 2.5%
Profit Margins 5.4%
Equity multiplier 1.3
Payout ratio= 35%
.54x(1-.35/.25) x (1+.13/ .25-(.54 x 1-.35/.25) x(1+.13'
All answers I get and plugged in are wrong. Im lost
Thanks Tonya B
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