Question: need help with this question: Last year Axle Inc. reported total assets of $400, equity of $200, net income of $50, dividends of $10, and
need help with this question:
Last year Axle Inc. reported total assets of $400, equity of $200, net income of $50, dividends of $10, and earnings retained in the period of $40. What is Axle Inc.'s sustainable growth rate?
57.1 percent 20.0 percent 71.4 percent 25.0 percent
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