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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)
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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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%
Transcribed Image Text: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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