问题
单项选择题
A company reports the following information in its financial statements in 2011:
·Net income is $85000
·Common share dividends is $40000
·Average total assets is $570500
·Average total liabilities is $320500
·Tax rate is 40%
The company's sustainable growth rate is closest to:
A. 8%
B. 11%
C. 18%
答案
参考答案：C
解析： 可持续增长率(sustainable growth rate)的计算如下：
g=ROE×(1-dividend payout ratio)=$85000/($570500-$320500)×(1-
$40000/$85000)=34%×0.5294=18.00%。