Your firm has sales of 10000000 net income of 800000 total, Financial Management

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Your firm has sales of 10000000 net income of 800000 total

Your firm has sales of $10,000,000, net income of $800,000, total assets of $10,000,000, and equity of $4,000,000. Your firm projects an increase in sales of 15 percent and has a dividend payout ratio of 40 percent? What is the sustainable growth rate %?

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Financial Management: Your firm has sales of 10000000 net income of 800000 total

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Financial Management: Your firm has sales of 10000000 net income of 800000 total

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