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You've collected the following financial information for Manildi Inc. for last year:
Note: Balance sheet items were measured at the beginning of the year.
Attempt 1/10 for 10 pts.
Part 1
What is the sustainable growth rate?
Line item Amount
Sales $510,000
Net income $12,000
Dividends $7,800
Total asset turnover 0.6
Debt-equity ratio 0.8

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Youve collected the following financial information for Man.pdf

  • 1. You've collected the following financial information for Manildi Inc. for last year: Note: Balance sheet items were measured at the beginning of the year. Attempt 1/10 for 10 pts. Part 1 What is the sustainable growth rate? Line item Amount Sales $510,000 Net income $12,000 Dividends $7,800 Total asset turnover 0.6 Debt-equity ratio 0.8