Question
sales $200,000, Debt 95,00, Dividends 5,000, Equity 40,000, Net Income 16,000. At what growth rate could the Lowell grow if it did not wish to
sales $200,000, Debt 95,00, Dividends 5,000, Equity 40,000, Net Income 16,000. At what growth rate could the Lowell grow if it did not wish to increase the amount of debt? a. 0.924%, b. 19.29%, c.8.87% Thank you but answer was not 37.93
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Contemporary Financial Management
Authors: R. Charles Moyer, William J. Kretlow, James R. Mcguigan
7th Edition
0538877766, 9780538877763
