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Registered
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Question for those who deal in finance
Im stuck on a couple of questions from class. I was wondering if anyone could help and point me in some direction.
1. XYZ co. has net income of $450,000 this year. The book value of XYZ common equity is $3 million. The company's dividend payout ratio is 60% and is expected to remain this way. What is XYZ's sustainable growth? The only equation I know for growth rate is D1 = D0(1 + g). Where D1 is the next dividend to be paid D0 is the last dividend to be paid and g is the growth rate.
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1984 944 N/A 1996 Golf Gl Drive fast. Take chances. If you can't dazzle them with brilliance, baffle them with bull. - W. C. Fields |
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Registered
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Nevermind I got it. Dividend payout ratio was a footnote in the book.
__________________
1984 944 N/A 1996 Golf Gl Drive fast. Take chances. If you can't dazzle them with brilliance, baffle them with bull. - W. C. Fields |
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