A company has a net income of $95.0 million and pays out $15.5 million in dividends. The company has total assets of $1,250 million and total liabilities of $725 million. What is the company's sustainable growth rate? a. 14.82% b. 16.25% c. 15.17% d. 13.95%

A company has a net income of $95.0 million and pays out $15.5 million in dividends. The company has total assets of $1,250 million and total liabilities of $725 million. What is the company's sustainable growth rate? a. 14.82% b. 16.25% c. 15.17% d. 13.95%

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 6P

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Quick answer of this accounting questions

A company has a net income of $95.0 million and pays out
$15.5 million in dividends. The company has total assets of
$1,250 million and total liabilities of $725 million. What is the
company's sustainable growth rate?
a. 14.82%
b. 16.25%
c. 15.17%
d. 13.95%

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