Question
Problem 3-13 Sustainable Growth [LO 3] Profit margin = 9.3 % Capital intensity ratio = .54 Debtequity ratio = .69 Net income = $ 104,000
Problem 3-13 Sustainable Growth [LO 3]
| Profit margin | = | 9.3 | % | |
| Capital intensity ratio | = | .54 | ||
| Debtequity ratio | = | .69 | ||
| Net income | = | $ | 104,000 | |
| Dividends | = | $ | 53,500 | |
Based on the above information, calculate the sustainable growth rate for Southern Lights Co. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate %
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
16th Edition
013749601X, 978-0137496013
