What is axle incs sustainable growth rate- sgr
Problem
Last year Axle Inc. reported total assets of $400, equity of $200, net income of $50, dividends of $10, and earnings retained in the period of $40. What is Axle Inc.'s sustainable growth rate (SGR)?
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Last year Axle Inc. reported total assets of $400, equity of $200, net income of $50, dividends of $10. What is Axle Inc.'s sustainable growth rate (SGR)?
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