问题如下:
According to the information given in the following table, what`s the sustainable growth of Company M?
选项:
A.11%
B.12%
C.13%
解释:
A is correct.
考点:Sustainable Growth Rate
解析:Sustainable growth rate = Retention ratio × ROE = [(4500-200)/4500]*(4500/39080) = 11%
所以公式g=ROE*b中得ROE里的E用的是Beginning equity 不是ending equity = beginning equity + NI - dividend declared,是吗? 谢谢。