Last year lakesharsquos lounge furniture corporation had an, Financial Management

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Last year lakesharsquos lounge furniture corporation had an

Last year Lakesha’s Lounge Furniture Corporation had an ROE of 18.8 percent and a dividend payout ratio of 27 percent.

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 lakesharsquos lounge furniture corporation had an

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Financial Management: Last year lakesharsquos lounge furniture corporation had an

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