An analyst gathers the following information (in $ millions) about a company's fiscal year:
| Net income | 1,500 |
|------------------|-------|
| Average total assets | 11,500 |
| Average shareholders' equity | 7,500 |
If the dividend payout ratio is 45%, the sustainable growth rate is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
Get started today
Ultimate access to all questions.
Comments
Loading comments...
An analyst gathers the following information (in $ millions) about a company's fiscal year:
Net income
1,500
Average total assets
11,500
Average shareholders' equity
7,500
If the dividend payout ratio is 45%, the sustainable growth rate is closest to: