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Okereke's Catering has annual sales of $95,690, cost of goods sold of $54,975, depreciation of $10,850, interest paid of $2,350, taxes of $6,325, and dividends
Okereke's Catering has annual sales of $95,690, cost of goods sold of $54,975, depreciation of $10,850, interest paid of $2,350, taxes of $6,325, and dividends paid of $4,365. The firm has total assets of $187,630 and total debt of $47,500. What is its sustainable growth rate? 
Okereke's Catering has annual sales of $95,690, cost of goods sold of $54,975, depreciation of $10,850, interest paid of $2,350, taxes of $6,325, and dividends paid of $4,365. The firm has total assets of $187,630 and total debt of $47,500. What is its sustainable growth rate?
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Case Studies In Finance
Authors: Robert F. Bruner
4th Edition
0072338628, 978-0072338621
