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X company had sales of $200,000 on which it earned a net income of $22,000. It has a total debt of $51,000 and total equity
X company had sales of $200,000 on which it earned a net income of $22,000. It has a total debt of $51,000 and total equity of $60,000. Last year, it paid dividends of $6,000. What is its sustainable growth rate (SGR)?
A.30.43%
B.68.75%
C.25.00%
D.36.36%
E.55.56%
F.45.00%
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