QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS
55.
The following financial data is available for a company:
Return on assets (ROA)
4.8%
Total asset turnover
1.92
Financial leverage
1.75
Dividend payout ratio
48.1%
The company’s sustainable growth rate is closest to:
A. 4.00%.
B. 4.40%.
C. 4.78%.