Outlaws is a general goods retail chain in the High Plains region. Use

Outlaws is a general goods retail chain in the High Plains region. Use the financial information in the table to calculate Outlaws maximum sustainable growth rate.

Selected Ratios
Outlaws Inc. Year 5
ROE 9.98%
ROA 4.27%
Net Profit Margin 2.15%
Total Asset Turnover 1.99
Dividend Payout Rate 0%

A) 11.0%
B) 11.1%
C) 11.2%
D) 11.3%
E) 11.4%

ANSWER

B