At the end of the year the company had total assets of


Emerson Equine Supplies earned $72,000 in 2012 and pad dividends of $44,640. The firm had equity of $150,000 at the beginning of the year. At the end of the year, the company had total assets of $195,000. During the year, the company sold no new equity. What is the sustainable growth rate?

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Finance Basics: At the end of the year the company had total assets of
Reference No:- TGS0614530

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