Calculate an expression for sustainable sales growth rate when leverage is constant as measured by D/E and
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Calculate an expression for sustainable sales growth rate when leverage is constant as measured by D/E and pay-out ratio is p (that is, for each dollar of net profit, p dollars are paid as dividends, with 0 < p < 1).
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Related Book For
Practical Finance For Operations And Supply Chain Management
ISBN: 9780262043595
1st Edition
Authors: Alejandro Serrano, Spyros D. Lekkakos, James B. Rice
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