are the internal and sustainable Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate What are the internal and sustainable growth rates using ROE band ROA band the end of period equity (assets)? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate What are the growth rates if you use the beginning of period equity in this equation? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate % %
are the internal and sustainable Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate What are the internal and sustainable growth rates using ROE band ROA band the end of period equity (assets)? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate What are the growth rates if you use the beginning of period equity in this equation? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Internal growth rate Sustainable growth rate % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Better Burgers reported the following numbers (in millions) for the years ending February 2021 and 2022.
Net income
Dividends
Total assets
Total equity
Internal growth rate
Sustainable growth rate
2021
Internal growth rate
Sustainable growth rate
$ 13,590
6,221
What are the internal and sustainable growth rates?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
Internal growth rate
Sustainable growth rate
2022
$ 1,427
286
%
What are the internal and sustainable growth rates using ROE × b and ROA band the end of period equity (assets)?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
14,811
7,442
What are the growth rates if you use the beginning of period equity in this equation?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
%
%
■.
(CE](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F01d01b29-ede7-42ba-8dcd-8c0b18e94cc8%2F37e51561-b834-49f7-b382-0bde604b39df%2Fzkv228t_processed.png&w=3840&q=75)
Transcribed Image Text:Better Burgers reported the following numbers (in millions) for the years ending February 2021 and 2022.
Net income
Dividends
Total assets
Total equity
Internal growth rate
Sustainable growth rate
2021
Internal growth rate
Sustainable growth rate
$ 13,590
6,221
What are the internal and sustainable growth rates?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
Internal growth rate
Sustainable growth rate
2022
$ 1,427
286
%
What are the internal and sustainable growth rates using ROE × b and ROA band the end of period equity (assets)?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
14,811
7,442
What are the growth rates if you use the beginning of period equity in this equation?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
%
%
■.
(CE
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