Question
The most recent financial statements for Live Co. are shown here: Income Statement Sales $16,459 Costs $11,080 Taxable Income ? Taxes (40%) ? Net Income
The most recent financial statements for Live Co. are shown here:
| Income Statement | |
| Sales | $16,459 |
| Costs | $11,080 |
| Taxable Income | ? |
| Taxes (40%) | ? |
| Net Income | ? |
| Balance Sheet | |||
| Current Asset | $14,138 | Debt | $13,264 |
| Fixed Asset | $27,781 | Equity | ? |
Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 20 percent dividend payout ratio. No external financing is possible.
What is the sustainable growth rate (in %)?
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Private Equity Value Creation Analysis Volume I
Authors: Michael David Reinard
1st Edition
1736077821, 978-1736077825
