Last year lakeshas lounge furniture corporation had an roe, Financial Management

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Last year lakeshas lounge furniture corporation had an roe

Sustainable Growth Rate

Last year Lakesha’s Lounge Furniture Corporation had an ROE of 19.0 percent and a dividend payout ratio of 28 percent. What is the sustainable growth rate?

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 lakeshas lounge furniture corporation had an roe

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Financial Management: Last year lakeshas lounge furniture corporation had an roe

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