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QUESTION
BCL had sales of 200,000 on which it earned a net income of 20,000. It has a total debt of 48,000 in total equity of 60,000. Last year it paid
BCL had sales of 200,000 on which it earned a net income of 20,000. It has a total debt of 48,000 in total equity of 60,000. Last year it paid dividends of 6000. What is its sustainable growth rate?
