Better Burgers reported the following numbers (in millions) for the years ending February 2021 and 2022.

	2021	2022
Net income		$ 1,457
Dividends		209
Total assets	$ 13,620	12,808
Total equity	6,251	4,534

What are the internal and sustainable growth rates?

What are the internal and sustainable growth rates using ROE × b and ROA × band the end of period equity (assets)?

 What are the growth rates if you use the beginning of period equity in this equation?

 Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.

Answer rating: 100% (QA)

To calculate the internal growth rate and sustainable ... View the full answer