What is ab return on equity

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Reference no: EM132343818

AB Technologies has a dividend payout ratio of 60% (i.e., dividends/earnings). Its capital structure is expected to remain relatively stable for the foreseable future. AB's most recent net income and average equity are $20m and $250m, respectively. Its average total asset level was $350m. What is AB's Return on Equity (ROE) and sustainable growth rate, g, respectively?

Reference no: EM132343818

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