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The most recent financial report of ABC Inc. indicates that it generated $550 million, its net working capital has increased by $10 million, its long-term
The most recent financial report of ABC Inc. indicates that it generated $550 million, its net working capital has increased by $10 million, its long-term assets have increased by $100 million, and its debt has increased by $50 million. If ABC's cost of equity capital is 17.5%, its sustainable long-term growth rate is 5%, and it has 100 million shares outstanding.
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
