BB Lean, Inc. (BBL) had sales of $200,000 on which it earned a net income of $18,000.

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BB Lean, Inc. (BBL) had sales of $200,000 on which it earned a net income of $18,000. It has a total debt of $45,000 and total equity of $60,000. Last year, it paid dividends of $6,000. What is its sustainable growth rate (SGR)?

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Principles of Accounting

ISBN: 978-0618736614

10th edition

Authors: Belverd Needles, Marian Powers, Susan Crosson

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Posted Date: May 16, 2023 03:36 AM

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BB Lean, Inc. (BBL) had sales of $200,000 on which it earned a net income of $18,000.

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The sustainable growth rate SGR is a measure of a companys ability to grow its sales earnings and di... View the full answer

Principles of Accounting

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