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As a Chartered Financial Analyst, you have to analyze the financial data for Company BBM...

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Accounting

As a Chartered Financial Analyst, you have to analyze the financial data for Company BBM and answer the following question : Sales $ 1,000,000 Earnings before tax (EBT) $ 275,000 Gross profit $ 666,000 Common dividend (declared) $ 41,250 Average total asset turnover 1.25 Financial leverage 1.45 Tax income rate 40 % The firms sustainable growth is closest to : A. 42.37 %. B. 22.43 %. C. 64.95 %

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