A company reports the following for the prior year: $ 6 million in sales $ 2 million
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Question:
A company reports the following for the prior year:
$ million in sales
$ million in total assets
$ in net income
$ in accounts payable
$ in accounts receivables
$ in equity at the beginning of this prior year
What is the maximum sustainable growth rate based on the relevant inputs from above?
Related Book For
McGraw-Hill Education SAT 2017
ISBN: 9781259641657
1st Edition
Authors: Christopher Black, Mark Anestis
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