Profit margin Capital intensity ratio Debt-equity ratio Net income Dividends 8.9% .50 = .65 = = $100,000 = $ 47,500 Based on the above information, calculate the sustainable growth rate for Northern Lights Co. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) > Answer is complete but not entirely correct. Sustainable growth rate 3.85%
Profit margin Capital intensity ratio Debt-equity ratio Net income Dividends 8.9% .50 = .65 = = $100,000 = $ 47,500 Based on the above information, calculate the sustainable growth rate for Northern Lights Co. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) > Answer is complete but not entirely correct. Sustainable growth rate 3.85%
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 15SP
Related questions
Question
Transcribed Image Text:Profit margin
Capital intensity
ratio
Debt-equity ratio
Net income
Dividends
8.9%
.50
=
.65
=
= $100,000
= $ 47,500
Based on the above information, calculate the sustainable growth rate for Northern
Lights Co. (Do not round intermediate calculations and enter your answer as a percent
rounded to 2 decimal places, e.g., 32.16.)
> Answer is complete but not entirely correct.
Sustainable growth
rate
3.85%
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