The company has 100 million in assets and 85 million in equity. It has a policy of paying 12% of earnings as dividends. What is the SGR of Ultragrunge?

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Ultragrunge Inc. earned 25 million after tax in the last year. The company has 100 million in assets and 85 million in equity. It has a policy of…

The company has 100 million in assets and 85 million in equity. It has a policy of paying 12% of earnings as dividends. What is the SGR of Ultragrunge?

the Answer is 25.90% I am not getting this concept

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The company has 100 million in assets and 85 million in equity. It has a policy of paying 12% of earnings as dividends. What is the SGR of Ultragrunge?

Ultragrunge Inc. earned 25 million after tax in the last year. The company has 100 million in assets and 85 million in equity. It has a policy of…

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