Balance Sheet (in SMillions) Liabilities Assets Last Current Year Year Last Curr

Question

Balance Sheet (in SMillions) Liabilities Assets Last Current Year Year Last Current Year Year rent Assets ash ccounts Receivable 47 461 Notes Payable Current Liabilities $213 $281 Accounts Payable $385$445 201 $586 $646 201 ventory al 665 554 Total $1,335 $1,296 $2,998 $3,015 $3,584 $3,661 $1,966 $2,789 450 Liab. and Equity $5,550 $6,450 Long-Term Debt d Assets P&E; ccumulated Dep let PP&E; $5,124 $6,454 Total Liabilities S909 $1,300 $4,215 $5,154 Owners' Equity al Assets $5,550 $6, Corporate Income Statement -Current Year UXR Corporation Current Year Income Statement (in SMillions) Sales Cost of Goods Sold Depreciation Earnings Before Interest and Taxes $2,877 1,012 365 $1,500 $1500 520 $980 $880 $100 Earnings Before Taxes Taxes Net Income Retained Earnings Dividends is UXR Corporation's sustainable growth rate in the current year? O 35.14% 31.55% 19.84% | O 15.19%

Explanation / Answer

Sustainable Growth Rate = Earnings After Dividends / Beginning Equity Value

= $880 million / $2,789 million = 0.3155, or 31.55%

Hence, option "B" is correct.

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