Question: Please use the following statements to help you answer the questions. I) Calculate the sustainable growth rate for ABC for the year 2013. **Remember the

Please use the following statements to help you answer the questions.

Please use the following statements to help you answer the questions. I)

I) Calculate the sustainable growth rate for ABC for the year 2013.

**Remember the ending equity for the prior year is same as the beginning equity for the current year.**

Possible Choices: 4.32%; 4.97%; 5.25%; 5.67%; or 6.45%

II) Calculate the return on equity and the retention ratio for the 2013.

Possible Choices: 10.56% and 50%; 24.91% and 25.87%; 15.65% and 32.29%; 67.28% and 32.87; or 42.20% and 75.37%

III) Calculate the spontaneous source of financing for ABC for the year 2013.

**Remember the definition of spontaneous source of financing.**

Possible Choices: $8,000; $9,000; $10,000; $11,000; or $12,000

Any advice would be helpful! -- Thank you and have a wonderful day!

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