Question
Northwestern Lights Inc., has the following information: Profit margin = 7.25%, Capital intensity ratio = 0.55, Debt-equity ratio = 0.64, Net income = $99,000, Dividends
Northwestern Lights Inc., has the following information: Profit margin = 7.25%, Capital intensity ratio = 0.55, Debt-equity ratio = 0.64, Net income = $99,000, Dividends = $40,000. Compute the sustainable growth rate for the company. Select one: a. 14.79% b. 13.79% c. 15.72% d. 15.79% e. 18.72%
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
