Home / Questions / Use the information below from Tournment Sporting Goods's annual financial statements to
Use the information below from Tournment Sporting Goods's annual financial statements to calculate the actual and sustainable growth rate for each year from 2010 - 2014. | |||||||||||||
b. Do you think Tournment Sporting Goods is having a problem financing its growth? Is the increase in dividends a good idea for the company? | |||||||||||||
Tournment Sporting Goods ($ in thousands) | |||||||||||||
2009 | 2010 | 2011 | 2012 | 2013 | 2014 | ||||||||
Sales | 477.84 | 491.62 | 706.52 | 792.01 | 876.52 | 1,088.46 | |||||||
Net income | - | 43.27 | 26.31 | 38.48 | 44.84 | 25.76 | |||||||
Total assets | - | 477.06 | 648.42 | 664.26 | 697.16 | 982.63 | |||||||
Equity | - | 346.32 | 426.01 | 465.85 | 432.91 | 553.27 | |||||||
Dividends | - | - | - | 0.80 | 1.65 | 2.22 |
Dec 03 2019 View more View Less
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