Question
Profit margin = 9.7 % Capital intensity ratio = .58 Debt-equity ratio = .73 Net income = $ 108,000 Dividends = $ 44,500 Required: Based
| Profit margin | = | 9.7 | % | |
| Capital intensity ratio | = | .58 | ||
| Debt-equity ratio | = | .73 | ||
| Net income | = | $ | 108,000 | |
| Dividends | = | $ | 44,500 | |
| Required: |
| Based on the above information, calculate the sustainable growth rate for Northern Lights Co. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) |
| Sustainable growth rate | % |
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
