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+ 16. Assuming the following ratios are constant, what is the sustainable growth rate? Total asset turnover 2.8 Profit margin 5.70% Debt-to-equity ratio 47 Payout

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+ 16. Assuming the following ratios are constant, what is the sustainable growth rate? Total asset turnover 2.8 Profit margin 5.70% Debt-to-equity ratio 47 Payout ratio 55% a. 4.13% b. 10.56% c. 12.90% d. Not enough information provided e. None of the above

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