Question
the company had the net income of $12 billion, the value of total asset is $200 billion and liability is $80 billion. If the firm
the company had the net income of $12 billion, the value of total asset is $200 billion and liability is $80 billion. If the firm wants to keep $8.4 billion of the net income for reinvestment, what would be the sustainable growth rate ?
(Explain detail) - Thx
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
4th edition
1305970667, 978-1337514842, 1337514845, 978-1305970663
