Lily's Market has net income of $42,180, total equity of $426,500, and total assets of $976,200. The

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Lily's Market has net income of $42,180, total equity of $426,500, and total assets of $976,200. The dividend payout ratio is 0.35. What is the sustainable growth rate? (Keep four decimals in intermediate calculations.)

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Apr 22, 2024 08:04 AM

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Lily's Market has net income of $42,180, total equity of $426,500, and total assets of $976,200. The

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Fundamentals of Financial Management

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