Canadian Adventures Has Earnings Per Share of $2

question 100

Multiple Choice

Canadian Adventures has earnings per share of $2.86 and dividends per share of $1.80.The total equity of the firm is $750,000.There are 38,000 shares of stock outstanding.What is the sustainable rate of growth?

• A) 2.14 percent
• B) 3.31 percent
• C) 4.94 percent
• D) 5.37 percent
• E) 6.59 percent

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