Which one of the following statements about the sustainable growth rate (SGR) is NOT true?
A) The higher a company's ROE, the higher the SGR.
B) The higher the plowback ratio, the larger the proportion of profit retained in the company and the greater the company's SGR.
C) Both a and b are true
D) None of the above.
Correct Answer:
Verified
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A) is a
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