Question
The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $13,000 Current assets $28,032 Debt $27,628 Costs 7,800 Fixed
| The most recent financial statements for Bello Co. are shown here: |
| Income Statement | Balance Sheet | ||||
| Sales | $13,000 | Current assets | $28,032 | Debt | $27,628 |
| Costs | 7,800 | Fixed assets | 19,616 | Equity | 20,020 |
| Taxable income | $5,200 | Total | $47,648 | Total | $47,648 |
| Taxes (24%) | 1,248 | ||||
| Net income | $3,952 | ||||
| Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 32 percent dividend payout ratio. |
| What is the sustainable growth rate? |
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Nft For Beginners
Authors: Maria Medina
1st Edition
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