Based on the following information, calculate the sustainable growth rate for Southern Lights Co.: Profit margin =
Question:
Based on the following information, calculate the sustainable growth rate for Southern Lights Co.:
Profit margin = 8.1%
Capital intensity ratio = .45
Debt-equity ratio = .55
Net income = $120,000
Dividends = $65,000
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1259277214
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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