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The Tequila Mockingbird Restaurant has sales of $68,000, current assets of $11,300, net income of $5,100, net fixed assets of $54,900, total debt of $23,800,

  1. The Tequila Mockingbird Restaurant has sales of $68,000, current assets of $11,300, net income of $5,100, net fixed assets of $54,900, total debt of $23,800, and dividends of $800. What is the sustainable growth rate?image text in transcribed
Chapter 3 Sustainable Growth Rate and Retention Ratio (Similar to Problem 13, and 11, Ch. 3) 3) The Tequila Mockingbird Restaurant has sales of $68,000, current assets of $11,300, net income of $5,100, net fixed assets of $54,900, total debt of $23,800, and dividends of $800. What is the sustainable growth rate

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