FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help 14. Sustainable Growth [LO3] Based on the following information, calculate the sustainable growth rate for Kayla's Heavy Equipment: ROE= Profit Margin x Capital

please help
image text in transcribed
14. Sustainable Growth [LO3] Based on the following information, calculate the sustainable growth rate for Kayla's Heavy Equipment: ROE= Profit Margin x Capital Intensity Ratio Debt Equity Ratio .073.951.05=.0728(ROE) Attained Earnings / Net Income =b8400024000=60000 (Attained Barnings) 60000/84000=0.714(b) ROE x b / 1 - ROE b = Substantial Growth .07280.714/1.07280.714 0.52/0.48=1.0833

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multinational financial management

Multinational financial management

Authors: Alan c. Shapiro

10th edition

9781118801161, 1118572386, 1118801164, 978-1118572382

More Books

Students also viewed these Finance questions

Question

★★★★★
A graphing calculator has determined the following exponential regression equation: y = a*bx, a = 28,158.50, b = 0.815. a. What is the rate of depreciation for this car? b. How much is this car worth...

Answered: 1 week ago

Question

★★★★★
Use the method of dimensions to obtain the form of the dependence of the lift force per unit wingspan on an aircraft wing of width (in the direction of motion) L. moving with velocity through air of...

Answered: 1 week ago

Question

★★★★★
5. Many doors in the brain seem to open onto memories. For example, a whiff of cinnamon may unleash memories of your childhood kitchen or of a bakery or restaurant. Likewise, gesturing may open a...

Answered: 1 week ago

Question

★★★★★
List all the promotional mix elements used in the Pepsi Refresh campaign. What grade would you give PepsiCo on integrating these elements into an integration marketing communications campaign? This...

Answered: 1 week ago

Question

★★★★★
please help 14. Sustainable Growth [LO3] Based on the following information, calculate the sustainable growth rate for Kayla's Heavy Equipment: ROE= Profit Margin x Capital Intensity Ratio Debt...

Answered: 1 week ago

Question

★★★★★
July 15 August 15 August 31 Declared a cash dividend payable to common stockholders of $178,000. Date of record is August 15 for the cash dividend declared on July 15. Paid the dividend declared on...

Answered: 1 week ago

Question

★★★★★
High-performing organizations with strong cohesive cultures tend to ______. Group of answer choices encourage learning and development among a clan or team environment adopt a market culture that...

Answered: 1 week ago

Question

★★★★★
You are a help desk support technician and are working on your third call of the day. As you speak to the customer you realize that this call will take much more time than was scheduled. As a result,...

Answered: 1 week ago

Question

★★★★★
What are legally enforceable rules issued by the regulator to correct an unsafe condition?The process of designing a new aircraft is a hugely complex, time-consuming, and expensive undertaking....

Answered: 1 week ago

Question

★★★★★
This week, you will review your work in the Strategic Design Template in order to make a decision or recommendations about the 5-year strategic plan for Phoenix Hospital. Prior to making your...

Answered: 1 week ago

Question

★★★★★
Question 35 The made-in CHINA toys with the character in the picture is tariff-free in EU. True or False? True False 0.4 pts

Answered: 1 week ago

Question

★★★★★
LO5.2 Discuss government failure and explain why it happens.

Answered: 1 week ago

Question

★★★★★
1. Because medical records are private, an individual applying for health insurance will know more about his own health conditions than will the insurance companies to which he is applying for...

Answered: 1 week ago

Question

★★★★★
1. People drive faster when they have auto insurance. This is an example of: LO4.6 a. Adverse selection. b. Asymmetric information. c. Moral hazard.

Answered: 1 week ago

Previous Question Next Question