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A Venture's Common Equity Was $50,000 at the End of Last

Question 37

Multiple Choice

A venture's common equity was $50,000 at the end of last year. If the venture's common equity at the end of this year was $60,000, what was its sustainable sales growth rate?


A) 5%
B) 10%
C) 15%
D) 20%
E) 25%

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