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UTX wants to maintain its organic growth rate at 10% and its payout ratio at 30%. It has a return on equity of 10% and
UTX wants to maintain its organic growth rate at 10% and its payout ratio at 30%. It has a return on equity of 10% and does not use any source of external funding. What should be the financial leverage ratio (Equity / Assets)
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
