Question
You are given the following information on Kaleb's Heavy Equipment: Profit margin 7 % Capital intensity ratio .79 Debt-equity ratio .9 Net income $ 88,000
You are given the following information on Kaleb's Heavy Equipment:
| Profit margin | 7 | % | ||
| Capital intensity ratio | .79 | |||
| Debt-equity ratio | .9 | |||
| Net income | $ | 88,000 | ||
| Dividends | $ | 17,000 |
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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Bookkeeping And Auditing A Career Guide
Authors: Harry Watts
1st Edition
1639878106, 1639878106
