Question: Based on the following information, calculate the sustainable growth rate for Northern Lights Co.: Profit margin = 10.4% Capital intensity ratio = .60 Debt-equity ratio

Based on the following information, calculate the sustainable growth rate for Northern Lights Co.:

Profit margin = 10.4%

Capital intensity ratio = .60

Debt-equity ratio = .55

Net income = $115,000

Dividends = $55,000

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