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18. Growth and Profit Margin [LO3] Gamgee Co, wishes to maintain a growth rate of 11 percent per year, a debt-equity ratio of .75 ,

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18. Growth and Profit Margin [LO3] Gamgee Co, wishes to maintain a growth rate of 11 percent per year, a debt-equity ratio of .75 , and a dividend payout ratio of 25 percent. The ratio of total assets to sales is constant at .65 . What profit margin must the firm achieve

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