EXLO Company Has Current Sales of $100,000 and Has Projected

question 48

Multiple Choice

EXLO Company has current sales of $100,000 and has projected annual sales growth of 5%,asset growth of 120%,profit margins of 3%,and its dividend policy is to have a dividend payout of 15% per year.Assume there are no spontaneous liabilities.The sustainable growth rate for EXLO is closest to:

• A) 0.13%
• B) 0.38%
• C) 2.17%
• D) 4.25%

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