Based on the following information, calculate the sustainable growth rate for Perks, Inc.: Profit margin = 5.2%
Question:
Based on the following information, calculate the sustainable growth rate for Perks, Inc.:
Profit margin = 5.2%
Total asset turnover = 1.90
Total debt ratio = .30
Payout ratio = 15%
What is the ROA here?
Asset TurnoverAsset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Related Book For
Essentials of Corporate Finance
ISBN: 978-0078034756
8th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
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