Rocky sales inc has current sales of 1268864 and net income, Financial Management

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Rocky sales inc has current sales of 1268864 and net income

Rocky Sales, Inc., has current sales of $1,268,864 and net income of $203,018. It also has a debt ratio of 47 percent and a dividend payout ratio of 69 percent. The company’s total assets are $587,439. What is its sustainable growth rate? (Round answer to 1 decimal places e.g. 5.2%.) The company’s sustainable growth rate is?

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Financial Management: Rocky sales inc has current sales of 1268864 and net income

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Financial Management: Rocky sales inc has current sales of 1268864 and net income

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