Question: please help with this problem!! thank you Problem 4-7 Calculating Sustainable Growth [LO3] The most recent financial statements for Mandy Company are shown here: Assets
Problem 4-7 Calculating Sustainable Growth [LO3] The most recent financial statements for Mandy Company are shown here: Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 45 percent dividend payout ratio. What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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