Green Dolphin Sailing recently reported net income of $96,00…

Questions

Green Dоlphin Sаiling recently repоrted net incоme of $96,000 аnd pаid an annual dividend of $0.60 per share. The company has 120,000 shares outstanding and total equity of $520,000. What is the company’s sustainable growth rate?Enter your answer as a percentage rounded to two decimal places.

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