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Troy Manufacturing, a very successful USC start-up, had 15 million shares of stock outstanding at the end of 2015 . During 2015, the company reported
Troy Manufacturing, a very successful USC start-up, had 15 million shares of stock outstanding at the end of 2015 . During 2015, the company reported ROA of 10\%, Equity Multiplier or Leverage of 1.14x and the addition to retained earnings was $20 million and $10 million in dividends were paid. What are Troy's earnings per share? $3.00$2.00$1.00orless$6.00ormore$5.00 QUESTION 39 Using information above, what is Troy Manufacturing's sustainable growth rate? 11.11%14.22%7%orless13%ormore8.22%
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