Hasbro, Incorporated, sells toys and games in over 120 countries, including popular brands such as Nerf and Play-Doh. The following are selected financial data for the company for the period 2012 to 2016. Profit margin (%) 2012 8.1 2013 2014 2015 2016 7.1 9.6 10.6 11.6 Retention ratio (%) 32.6 45.6 47.6 51.0 54.6 Asset turnover (X) 0.96 0.91 0.92 0.92 0.97 Financial leverage (X) 3.11 2.91 2.66 3.21 3.11 Growth rate in sales (%) (4.6) (2.6) 4.6 4.1 12.6 Source: Data from Hasbro 2012 to 2016 annual reports Calculate Hasbro's annual sustainable growth rate from 2012 through 2016. Note: Round your answers to 1 decimal place. Year Sustainable Growth Rate 2012 % 2013 %
Hasbro, Incorporated, sells toys and games in over 120 countries, including popular brands such as Nerf and Play-Doh. The following are selected financial data for the company for the period 2012 to 2016. Profit margin (%) 2012 8.1 2013 2014 2015 2016 7.1 9.6 10.6 11.6 Retention ratio (%) 32.6 45.6 47.6 51.0 54.6 Asset turnover (X) 0.96 0.91 0.92 0.92 0.97 Financial leverage (X) 3.11 2.91 2.66 3.21 3.11 Growth rate in sales (%) (4.6) (2.6) 4.6 4.1 12.6 Source: Data from Hasbro 2012 to 2016 annual reports Calculate Hasbro's annual sustainable growth rate from 2012 through 2016. Note: Round your answers to 1 decimal place. Year Sustainable Growth Rate 2012 % 2013 %
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Step 1: Introduction to the concept of sustainable growth rate
VIEWStep 2: Finding the sustainable growth rate for 2012
VIEWStep 3: Finding the sustainable growth rate for 2013
VIEWStep 4: Finding the sustainable growth rate for 2014
VIEWStep 5: Finding the sustainable growth rate for 2015
VIEWStep 6: Finding the sustainable growth rate for 2016
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