A firm has $80 million in equity and $40 million of debt, it pays dividends of 20% of net income, and has a net income of $10 million. What is the firm's sustainable growth rate?
A) 7%
B) 8%
C) 9%
D) 10%
Answer: D
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An assertive person would exhibit which of the following?
A. nervous gestures B. avoiding sustained eye contact C. keeping the stance closed D. exhibit comfortable eye contact
Customers who are classified as true believers ________
A) are attracted to a company's competitor's deals and offers B) have needs and wants that do not fit a company's offerings C) are not very profitable for a company D) tell others about their good experiences with a company E) are projected to be less loyal to any brand
Product costs for a manufacturing company consist of direct materials, direct labor, and overhead
Indicate whether the statement is true or false
A regional restaurant chain spends $90,000 for a local television advertising campaign that delivers $450,000 in incremental revenue
If the incremental contribution margin based on the incremental revenue for this campaign is 75%, then how much would the program return for each additional marketing dollar invested? A) $2.70 B) $3.00 C) $3.75 D) $5.00 E) $7.50