Wilderness Adventures Has Earnings Per Share of $2

question 20

Multiple Choice

Wilderness Adventures has earnings per share of $2.35 and dividends per share of $1.10. The total equity of the firm is $945,000. There are 30,000 shares of stock outstanding. What is the sustainable rate of growth?

• A) 1.14 percent
• B) 1.31 percent
• C) 3.97 percent
• D) 4.32 percent
• E) 5.73 percent

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Tumor

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Electrode

A conductor through which electricity enters or leaves an object, substance, or region, often used in scientific experiments or medical procedures.