Given the financial information provided below TJ Max Inc Selected financial information ($thousands) 2016 2017 Sales $876 52 $1,088 46 Net Income 34 84 25 76 Total Assets 697 16 982 63 Equity 433 6 457 14 Dividends 1 65 2 22 What is the difference between TJ Maxs sustainable growth rate and its actual growth rate for 2017, that is sustainable growth rate actual growth rate (Points 3 5) 18 75 11 40 21 40 7 09 13 98

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Question: Given the financial information provided below TJ Max Inc. Selected financial information ($thousands) 2016 2017 Sales $876.52 $1,088.46 Net Income 34.84 25.76 Total Assets 697.16

Given the financial information provided below

TJ Max Inc.
Selected financial information ($thousands)
		2016	2017
	Sales	$876.52	$1,088.46
	Net Income	34.84	25.76
	Total Assets	697.16	982.63
	Equity	433.6	457.14
	Dividends	1.65	2.22

What is the difference between TJ Maxs sustainable growth rate and its actual growth rate for 2017, that is sustainable growth rate actual growth rate? (Points : 3.5)

-18.75%. -11.40%. 21.40%. 7.09%. 13.98%.

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