问题
单项选择题
An analyst is considering a company that has had Net Income of $ 15000000 on sales of $ 500000000. The company also has a Total Asset Turnover rate of 1.50 and a Total Assets/Equity ratio of 2.0. The company has a target payout ratio of 40%, what is the expected long-term earnings growth rate for this company()
A. 9.25%.
B. 6.00%.
C. 5.40%.
答案
参考答案:C
解析:
g=ROE×retention ratio, ROE=Profit Margin×Total Asset Turnover×Financial Leverage= 9%. g=ROE×retention ratio=9%×60%=5.40%.