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Riverhawk Sales, Inc. had a net income of $15,000 on sales of $100,000 last year. Its balance sheet shows debt of $20,000 and equity of
Riverhawk Sales, Inc. had a net income of $15,000 on sales of $100,000 last year. Its balance sheet shows debt of $20,000 and equity of $74,000. If the total dividend paid was $8,500, what is its sustainable growth rate?
A. 0.1077
B. 0.2000
C. 0.1810
D. 0.1333
E. 0.1636
F. 0.1478
G. 0.1200
H. 0.0963
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