3. 18. Growth and profit margin [LO 4.3] Ramble On Ltd wishes to maintain a growth rate...

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3. 18.

Growth and profit margin [LO 4.3] Ramble On Ltd wishes to maintain a growth rate of 12 per cent per year, a debt-to-equity ratio of 0.90 and a dividend payout ratio of 25 per cent. The ratio of total assets to revenue is constant at 0.85. What profit margin must the firm achieve?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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