Deliverable Length: 800-1,000 wordsSelect a publicly held company and access the company’s Web page onthe Internet to read its most recent annual report. The annual report istypically found in an ‘Investor Relations’ or ‘Company Information’section within the company’s Web site. You can use this website to lookup any publicly traded company’s documents for additional consideration.Complete the following:Using the company’s financialstatements, calculate and evaluate the firm’s sustainable growth rate(SGR) for the last 3 years, and summarize your findings in your paper.Be sure to address the following:What are the sustainable growth rates for your subject company over the period that you studied?What are the consequences faced by firms that grow at a rate that is not consistent with their sustainable rate?If the firm grew at a rate above or below the SGR, how might itfinance its excessive growth or reward its stockholders for theunder performance?
