What are the internal and sustainable growth rates? Note: Do not fou

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.2.1MBA
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3.

 

9
2
Mc
Graw
Hill
Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion.
w douty
Better Burgers reported the following numbers (in millions) for the years ending February 2021 and 2022.
Net income
Dividends
Total assets
Total equity
2921
$ 13,620
6,251
Internal growth rato
Sustainable growth rate
2022
$ 1,457
299
12,800
4,534
What are the internal and sustainable growth rates?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
Answer is complete but not entirely correct.
11.33%
30.81 %
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Transcribed Image Text:9 2 Mc Graw Hill Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. w douty Better Burgers reported the following numbers (in millions) for the years ending February 2021 and 2022. Net income Dividends Total assets Total equity 2921 $ 13,620 6,251 Internal growth rato Sustainable growth rate 2022 $ 1,457 299 12,800 4,534 What are the internal and sustainable growth rates? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. 11.33% 30.81 % Search < Prev 9 of 9 (DL) Next 8 Return to question D)
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