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Business, 07.03.2020 05:30, janeou17xn
Gilmore inc, had equity of $195,000 at the beginning of the year. At the end of the year the company had a total assets of $350,000. During the year the company sold no new equity. Net income for the year was $41,000 and the dividends were $5,800.a. What is the sustainable growth rate for the company?b. what is the sustainable growth rate if you use the formula ROE x b and the beginning of the period equity. c. what is the sustainable growth rate if you use end of period equity in this formula.
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Gilmore inc, had equity of $195,000 at the beginning of the year. At the end of the year the company...
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