What is the ?rms sustainable growth rate

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Question 1: A ?rm has a net income of $68.0 million and pays out $9.1 million in dividends. The ?rm has total assets of $987 million and total liabilities of $559 million. What is the ?rm's sustainable growth rate, given this information? Round your answer to two decimal places.

Must use this formula to solve:

SGR= ROE (1- b)

B= Dividends ratio

Show your work for each section of the formula

Reference no: EM132505992

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