Question
You are given the following information on Kaleb's Heavy Equipment: Profit margin 5.1 % Capital intensity ratio .60 Debt-equity ratio .6 Net income $ 50,000
| You are given the following information on Kaleb's Heavy Equipment: |
| Profit margin | 5.1 | % | ||
| Capital intensity ratio | .60 | |||
| Debt-equity ratio | .6 | |||
| Net income | $ | 50,000 | ||
| Dividends | $ | 13,200 | ||
| Calculate the sustainable growth rate. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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Financial Reporting Financial Statement Analysis And Valuation
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
10th Edition
0357722094, 978-0357722091
