Sustainable Growth Based on the following information calculates the sustainable growth rate for Kalebs Kickboxing: Profit margin
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Sustainable Growth Based on the following information calculates the sustainable growth rate for Kaleb’s Kickboxing:
Profit margin = 8.9%
Capital intensity ratio = .75
Debt-equity ratio = .60
Net income= $34,000
Dividends = $16,000
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We first must calculate the ROE to calculate the sustainab...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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