Fuzzy Button Clothing Company has no debt in its capital structure and has $150 million...
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Finance
Fuzzy Button Clothing Company has no debt in its capital structure and has $150 million in assets. Its sales revenues last year were $60 million with a net income of $5 million. The company distributed $2.00 million as dividends to its shareholders last year.
What is the firms self-supporting, growth rate? (Note: Do not round your intermediate calculations.)
1.43%
1.35%
2.04%
4.90%
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