Wilderness Adventures has earnings per share of $2.45 and dividends per share of $1.05.The total equity of the firm is $850,000.There are 40,000 shares of stock outstanding.What is the sustainable rate of growth?
A) 2.14 percent
B) 3.31 percent
C) 4.97 percent
D) 5.32 percent
E) 6.59 percent
Correct Answer:
Verified
Q62: Blue Water Tours has paid annual dividends
Q64: The Potato Patch has a retention ratio
Q65: Knit 'n Needle started paying dividends 4
Q66: Mountain Top Nursery is a relatively young
Q70: Home Interiors has net income of $248,000.The
Q71: The last dividend paid by New Technologies
Q71: The Grand Isle has 12,000 shares of
Q76: Detroit Imports has a dividend payout ratio
Q76: Southern Foods just paid an annual dividend
Q80: Ultra Fine Furnishings is in the process
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents