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The most recent financial statements for Mandy Company are shown here: Income Statement Balance Sheet Sales $ 1 9 , 4 0 0 Current assets
The most recent financial statements for Mandy Company are shown here:
Income Statement Balance Sheet
Sales $ Current assets $ Debt $
Costs Fixed assets Equity
Taxable income $ Total $ Total $
Taxes
Net income $
Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant percent dividend payout ratio. What is the sustainable growth rate?
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