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20. Sustainable Growth [LO3] Based on the following information, calculate the sus- tainable growth rate for Hendrix Guitars, Inc.: Profit margin = 6.3% Total asset

20. Sustainable Growth [LO3] Based on the following information, calculate the sus- tainable growth rate for Hendrix Guitars, Inc.: Profit margin = 6.3% Total asset turnover = 1.75 Total debt ratio = .35 Payout ratio = 30%

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