Hatter Enterprises has a return on sales of 15%, a total asset turnover of 1.2 and an equity multiplier of 2.0. If the company is projecting a dividend payout ratio of 40%, calculate the firms' sustainable growth rate.
A)15.8%
B)17.2%
C)19.4%
D)21.6%

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The Answer of Hatter Enterprises has a return on sales of 15%, a total asset turnover of 1.2 and an equity multiplier of 2.0. If the company is projecting a dividend payout ratio of 40%, calculate the firms' sustainable growth rate.
A)15.8%
B)17.2%
C)19.4%
D)21.6%

Hatter Enterprises Has a Return on Sales of 15%, a Total