Wilkinson and Daughters Has Net Income of $415,400, Total Assets

question 93

Multiple Choice

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%
• B)11.06%
• C)12.98%
• D)13.93%
• E)14.15%