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?

Answer rating: 100% (QA)

The sustainable growth rate SGR is the maximum rate at which a company can grow without raising addi... View the full answer