Question
If the Hunter Corp. has an ROE of 13 and a payout ratio of 30 percent, what is its sustainable growth rate? (Do not round
If the Hunter Corp. has an ROE of 13 and a payout ratio of 30 percent, what is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate % The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Debt Equity Sales $ $8,400 Assets $14,000 $6,000 Costs 6,390 8,000 Net income $2,010 Total $14,000 Total $14,000 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next years sales are projected to be $_____ What is the external financing needed? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) External financing needed $______
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