Question: Help with either problem would be appreciated. As you can tell I have tried many different answers Last year Lakesha's Lounge Furniture Corporation had an

Help with either problem would be appreciated. As you can tell I have tried many different answers

I have tried many different answers Last year Lakesha's Lounge Furniture Corporation

Last year Lakesha's Lounge Furniture Corporation had an ROE of 15.8 percent and a dividend payout ratio of 29 percent. What is the sustainable growth rate? What is the sustainable growth rate? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 8 Answer is complete but not entirely correct. Sustainable growth rate 4.58 X %

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