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IV. Use Law Specialists' selected financial information above to answer the following questions: following questions: a. Calculate Law Specialists' sustainable growth rate in each year.
IV. Use Law Specialists' selected financial information above to answer the following questions: following questions:
a. Calculate Law Specialists' sustainable growth rate in each year.
b. Comparing the company's sustainable growth rate with its actual growth rate
Law Specialists, Inc. Selected financial information 2010 2011 2012 2013 2014 0.32 5.25 100.00 100.00 100.00 100.00 78.27 2.00 2.23 1.52 3.5526.19 4.94 Profit margin (%) Retention ratio (%) Asset turnover (X) Financial leverage (Y) Growth rate In sales (%) 6.89 0.11 2.47 2.03 1.16 22.89-10.05-28.76 2.78 1.69 1.38 1.32
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