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The Green Giant has a 5 percent profit margin and a 64 percent dividend payout ratio. The total asset turnover is 1.1 and the equity
The Green Giant has a 5 percent profit margin and a 64 percent dividend payout ratio. The total asset turnover is 1.1 and the equity multiplier is 1.6. What is the sustainable rate of growth?
a- 3.27 percent | |
b- | 8.80 percent |
c- | 5.23 percent |
d- | 1.76 percent |
e- | 22.53 percent |
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