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Nobility Homes, Incorporated, is a small maker of manufactured homes sold through the state of Florida. The following are selected financial data for the company

Nobility Homes, Incorporated, is a small maker of manufactured homes sold through the state of Florida. The following are selected financial data for the company for the period of 2012-2016. image text in transcribed
Nobility Homes, Incorporated, is a small maker of manufactured homes sold throughout the state of Florida. The following are selected financial data for the company for the period 2012-2016. Source: Data from Nobility Homes 2012 to 2016 annual reports a. Calculate Nobility Homes' annual sustainable growth rate for the years 2012 through 2016. Note: Round your answers to 1 decimal place

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