Question
suppose a firm has a net profit margin of 20%, sales of $150million, assets of $300 millions, and owners equity of $225. If the dividend
suppose a firm has a net profit margin of 20%, sales of $150million, assets of $300 millions, and owners equity of $225. If the dividend payout ratio is 10% what is the firms sustainable growth rate?
-$10.43%
-$12.88%
-12.00%
-9.38%
-cannot be determined
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
