Dante Co. wishes to maintain a growth rate of12 percent per year, a debt-equity ratio of .85,

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Dante Co. wishes to maintain a growth rate of12 percent per year, a debt-equity ratio of .85, and a dividend payout ratio of 30 percent. The ratio of total assets to sales is constant at .95. What profit margin must thefirm achieve?

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Fundamentals of Corporate Finance

ISBN: 978-0077861704

11th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Nov 01, 2023 08:15 AM

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Dante Co. wishes to maintain a growth rate of12 percent per year, a debt-equity ratio of .85,

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Fundamentals of Corporate Finance

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