ROA = 4.8%
Total asset turnover = 1.92
Financial leverage = 1.75
Dividend payout ratio = 48.1%
The company's sustainable growth rate is closest to:
A. 4%
B. 4.40%
C. 4.78%
The answer is B but I can't figure out how to get there.
Could anybody tell me the calculation please?
(PS: how do I put a screenshot into the post? I can only put an image using a web link...)
Total asset turnover = 1.92
Financial leverage = 1.75
Dividend payout ratio = 48.1%
The company's sustainable growth rate is closest to:
A. 4%
B. 4.40%
C. 4.78%
The answer is B but I can't figure out how to get there.
Could anybody tell me the calculation please?
(PS: how do I put a screenshot into the post? I can only put an image using a web link...)