Question: If a venture has a return on assets (ROA) = 10%, an equity multiplier based on beginning equity = 3.5 times, and a retention rate
If a venture has a return on assets (ROA) = 10%, an equity multiplier based on beginning equity = 3.5 times, and a retention rate of 50%, the sustainable growth rate would be:
10%
17.5%
35%
40%
20.5%
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