Based on the following information, calculate the sustainable growth rate for Kovalevs Kickboxing: Profit margin = 9.2%
Question:
Based on the following information, calculate the sustainable growth rate for Kovalev’s Kickboxing:
Profit margin = 9.2%
Capital intensity ratio = .60
Debt-equity ratio = .50
Net income = $23,000
Dividends = $14,000
What is the ROE here?
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To calculate the Return on Equity ROE we can use the DuPont formula which breaks down R...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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