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Question 3 (5) Marshall Co. Expects to pay $2 dividends for every $8 in its net income. Marshall Co. posted a net income of $500,000,
Question 3 (5)
Marshall Co. Expects to pay $2 dividends for every $8 in its net income. Marshall Co. posted a net income of $500,000, total assets of $8,000,000, and total liabilities of $5,500,000. Calculate the sustainable growth rate.
a. 15%
b. 16%
c. 17%
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