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Sales 325,000 COGS 211,250 Operating Expenses 32,500 Interest expense 2,500 Depreciation 15,000 Taxes 22,312 Dividends 20,719 Common Stock 20,200 Retained earnings 67,269 the growth rate

Sales 325,000

COGS 211,250

Operating Expenses 32,500

Interest expense 2,500

Depreciation 15,000

Taxes 22,312

Dividends 20,719

Common Stock 20,200

Retained earnings 67,269

the growth rate from ROE method is:

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