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The following table presents financial information for Boss Stores, Inc., a retail chain store in the U.S. Item 2008 2009 2010 2011 Sales $287.31 $339.19
The following table presents financial information for Boss Stores, Inc., a retail chain store in the U.S.
Item | 2008 | 2009 | 2010 | 2011 |
Sales | $287.31 | $339.19 | $411.78 | $446.84 |
Net Income | 11.22 | 16.48 | 19.7 | 12.23 |
Total Assets | 268.58 | 275.3 | 318.43 | 451.32 |
Equity | 180.63 | 191.9 | 211.03 | 222.57 |
Dividends | 5.21 | 0.58 | 0.69 |
Use the information from Boss's annual financial statements. What is the difference between the sustainable growth and actual growth rates for 2011? Group of answer choices
- 13.98%
- 5.47%
- 3.50%
- -7.09%
- -3.05%
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