Question
15. Assume the profit margin is constant and the firm is operating at 90 percent of capacity. What is the full-capacity level of sales? 16.
15. Assume the profit margin is constant and the firm is operating at 90 percent of capacity. What is the full-capacity level of sales?
16. Assume the firm has a constant dividend payout ratio and a constant debt-equity ratio. What is the the maximum growth rate (Sustainable Growth Rate) the firm can achieve without any external equity financing?
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
