Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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The restaurant has sales this year of $68,000, current assets of $11,300, net income of $5,100, net fixed assets of $54,900, total debt of $23,800, and dividends of $800. What is the sustainable growth rate?
Sales = 68,000
Current assets = 11,300
Net income = 5,100
Net fixed 54,900
Total debt = 23,800
Dividends = 800
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