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in formula 18 All answers must be entered as a formula. Click OK to begin. The most recent financial statements for Schenkel Co. are shown
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All answers must be entered as a formula. Click OK to begin. The most recent financial statements for Schenkel Co. are shown below. Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the sustainable growth rate? Complete the followinglanalysis. Do not hard code values in your calculations. Return on equity Retention ratio Sustainable growth rate 18
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