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The most recent financial statements for Schenkel C 0 . are shown below. Assets and costs are proportional to sales. Debt and equity are not.

The most recent financial statements for Schenkel C0. are shown below. Assets and costs are
proportional to sales. Debt and equity are not. The company maintains a constant 30 percent
dividend payout ratio. What is the sustainable growth rate?
Complete the following analysis. Do not hard code values in your calculations.
Return on equity
Retention ratio
Sustainable growth rate
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