Profit margin Capital intensity ratio Debt-equity ratio Net income Dividends II II = 8.6% 0.47 0.62 = $ 97,000 = $ 43,000 = V Required: Based on the above information, calculate the sustainable growth rate for Southern Lights Co. include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

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
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Profit margin
Capital intensity ratio
Debt-equity ratio
Net income
Dividends
11
11
=
=
8.6%
0.47
0.62
$ 97,000
$ 43,000
Required:
Based on the above information, calculate the sustainable growth rate for Southern Lights Co.
include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)
Transcribed Image Text:Profit margin Capital intensity ratio Debt-equity ratio Net income Dividends 11 11 = = 8.6% 0.47 0.62 $ 97,000 $ 43,000 Required: Based on the above information, calculate the sustainable growth rate for Southern Lights Co. include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)
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