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Question
Wilkinson and Daughters has net income of $415,400, total assets of $2.2 million, and total liabilities of $1.08 million. The company paid $270,000 in dividends. What is the firm's sustainable rate of growth?A. 9.69 percent
B. 11.06 percent
C. 12.98 percent
D. 13.93 percent
E. 14.15 percent
Answer
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