a. Its target ratios are: assets-to-sales ratio, .40; net profit margin, .07; debt-to-equity ratio, .50; and earnings
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a. Its target ratios are: assets-to-sales ratio, .40; net profit margin, .07;
debt-to-equity ratio, .50; and earnings retention, .60. If these ratios correspond to steady state, what is its sustainable growth rate?
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