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Please show calculations and formula used A firm has net income of $320,000 on sales of $3,200,000. Its equity at the beginning of the year

Please show calculations and formula used

A firm has net income of $320,000 on sales of $3,200,000. Its equity at the beginning of the year was $1,600,000 and dividends paid were $80,000. What is the sustainable growth rate?

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