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assignment 2 3 the most recent financial statements for shinoda manufacturing co are 4294716

ASSIGNMENT 2 3 The most recent financial statements for Shinoda Manufacturing Co. are shown below: $75,300 Current assets 27,000 Debt 37.200 Sales 89,300 Equity 79.100 55,380 Fixed assets $116,300 Total $116,300 Taxable income $19,920 Total 6,972 Tax 35%) $12,948 Assets and costs are sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. No extemal financing is possible. Required intermediate calculations. Round your answer to 2 What is the sustainable growth rate? (Do not round decimal places 32.160) Sustainable growth rate



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