Last year lakesharsquos lounge furniture corporation had an


Last year Lakesha’s Lounge Furniture Corporation had an ROE of 18.2 percent and a dividend payout ratio of 24 percent. What is the sustainable growth rate? (Do not round intermediate calculations.

Round your answer to 2 decimal places.) Sustainable growth rate % _______

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Financial Management: Last year lakesharsquos lounge furniture corporation had an
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