Question: Please help me with this question. Thank you! P4-7 Calculating Sustainable Growth [LO3] The most recent financial statements for Live Co. are shown here: Assets
Please help me with this question. Thank you!
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P4-7 Calculating Sustainable Growth [LO3] The most recent financial statements for Live Co. are shown here: Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 26 percent dividend payout ratio. No external equity financing is possible. Required: What is the sustainable growth rate? (Do not round your intermediate calculations.) Multiple Choice 15.03% 5.63% 14.53% 4.67% 14.03%
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