Consider the Following Information for Smart Products: Total Assets=$1000; Sales=$1540;

question 69

Multiple Choice

Consider the following information for Smart Products: total assets=$1000; sales=$1540; net profit margin=12%; dividend payout ratio=40%; equity=$555.What is Smart Products' sustainable growth rate?

• A) 7%
• B) 13%
• C) 25%
• D) 52%

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Definitions:

Average Age

The mean age of a group of individuals, calculated by adding their ages together and dividing by the number of individuals.

Random

A process or selection made without method or conscious decision, which is unpredictable and without a discernible pattern.

Census

A comprehensive count and survey of a population, usually conducted by a government.

Response Rate

The percentage of people who respond or react to a request or stimulus, often used in research or surveys.