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Wilderness Adventures Has Earnings Per Share of $2

Question 42

Multiple Choice

Wilderness Adventures has earnings per share of $2.45 and dividends per share of $1.05.The total equity of the firm is $850,000.There are 40,000 shares of stock outstanding.What is the sustainable rate of growth?


A) 2.14 percent
B) 3.31 percent
C) 4.97 percent
D) 5.32 percent
E) 6.59 percent

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