Medtronic firm has $64,000,000 in equity and $55,000,000 in debt and forecast $30,000,000 in net income for the year. It
Posted: Sun Apr 17, 2022 6:18 pm
Medtronic firm has $64,000,000 in equity and $55,000,000 in debt
and forecast $30,000,000 in net income for the year. It currently
pays dividends equal to 25% of its net income.
b. What would their sustainable growth rate be? NOTE: Answer in
percentage. If your answer is 0.0405, then answer 4.05.
and forecast $30,000,000 in net income for the year. It currently
pays dividends equal to 25% of its net income.
b. What would their sustainable growth rate be? NOTE: Answer in
percentage. If your answer is 0.0405, then answer 4.05.