Last year lakeshas lounge furniture corporation had an roe, Financial Management

Last year lakeshas lounge furniture corporation had an roe

Sustainable Growth Rate

Last year Lakesha’s Lounge Furniture Corporation had an ROE of 19.0 percent and a dividend payout ratio of 28 percent. What is the sustainable growth rate?

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 lakeshas lounge furniture corporation had an roe

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Financial Management: Last year lakeshas lounge furniture corporation had an roe

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