Riverhawk Sales, Inc. had a net income of $15,000 on sales of $100,000 last year. Its balance
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Question:
Riverhawk Sales, Inc. had a net income of $15,000 on sales of $100,000 last year. Its balance sheet shows debt of $20,000 and equity of $74,000. If the total dividend paid was $8,500, what is its sustainable growth rate?
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