Assuming the following ratios are constant, what is the sustainable growth rate? Total asset turnover..................................... = 3.20

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Assuming the following ratios are constant, what is the sustainable growth rate?

Total asset turnover..................................... = 3.20
Profit margin................................................. = 7.4%
Equity multiplier........................................... = 1.45
Payout ratio....................................................= 60%

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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