erterry87 erterry87

27-02-2024
Business

contestada

For the most recent fiscal year, the Hammock Company’s total equity was $450 and net income was equal to $97. Of the $97 net income, $44 was retained. What is the sustainable growth rate for the Hammock Company?

a) 10.22%
b) 21.56%
c) 43.56%
d) 67.78%

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