Last year Lakeshas Lounge Furniture Corporation had an ROE of 17.5 percent and a dividend payout ratio
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Last year Lakesha’s Lounge Furniture Corporation had an ROE of 17.5 percent and a dividend payout ratio of 20 percent. What is the sustainable growth rate? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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