M&A, Inc. maintains a constant debt-equity ratio of .4. The firm had net income for the year of $140,000 and paid $98,000 in dividends. The
M&A, Inc. maintains a constant debt-equity ratio of .4. The firm had net income for the year of $140,000 and paid $98,000 in dividends. The firm has total assets of $700,000. What is the maximum sustainable growth rate of the firm given this information?
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Authors: R.K.Gupta, Himanshu Gupta
4th Edition
1645875547, 9781645875543
