BRT Ltd's financial statements show the following figures: Sales revenue $233.45 million . Net Income $78.01 million . • Total Assets $285 million - Return on equity 12.53% • Cash dividend paid $41.67 million Calculate the sustainable growth rate for BRT Ltd. (Write the answer in % rounded to two decimal places. For example, if your answer is 1.234%, write only 1.23)

BRT Ltd's financial statements show the following figures: Sales revenue $233.45 million . Net Income $78.01 million . • Total Assets $285 million - Return on equity 12.53% • Cash dividend paid $41.67 million Calculate the sustainable growth rate for BRT Ltd. (Write the answer in % rounded to two decimal places. For example, if your answer is 1.234%, write only 1.23)

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter15: Capital Investment Analysis

Section: Chapter Questions

Problem 15.2.1MBA

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