Question: For 1 2 / 3 1 / 2 0 2 3 , Gone Gator Enterprises just reported net income of $ 1 1 , 5

For 12/31/2023, Gone Gator Enterprises just reported net income of $11,522,000 and had a return on sales (net profit margin) of 14.1%. The balance sheet showed $196,322,000 in assets and total liabilities of $47,921,000. Shares outstanding are 6,210,000 and the company has a payout ratio of 49%. Calculate the growth rate (g) in dividends

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