tement Balan Sales $ 14,000 Current assets $ 30,188 Debt $ 29,753 Costs 8,400 Fixed assets 21,125 Equity 21,560 Taxable $5,600 Total $51,313 Total $51,313 income Taxes (24%) 1,344 Net income $ 4,256 ssets and costs are proportional to sales. Debt and equity are not. The company aintains a constant 24 percent dividend payout ratio. What is the sustainable growth rate?
tement Balan Sales $ 14,000 Current assets $ 30,188 Debt $ 29,753 Costs 8,400 Fixed assets 21,125 Equity 21,560 Taxable $5,600 Total $51,313 Total $51,313 income Taxes (24%) 1,344 Net income $ 4,256 ssets and costs are proportional to sales. Debt and equity are not. The company aintains a constant 24 percent dividend payout ratio. What is the sustainable growth rate?
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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