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What is hayesville corporation sustainable growth rate

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Question - Hayesville Corporation had net income of $6 million this year on net sales of $138 million per year. At the beginning of this year, its total equity was 53 million and it held $65 million in total liabilities. It paid out $2.2 million in dividends for the year. What is Hayesville Corporation's sustainable growth rate?

Reference no: EM133042724

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