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27. Jacob Money Inc. has a profit margin of 11% and a retention ratio of 70%. Last year, the firm had sales of $500 and
27. Jacob Money Inc. has a profit margin of 11% and a retention ratio of 70%. Last year, the firm had sales of $500 and total assets of $1,000. The desired total debt ratio is 75%. What is the firm's sustainable growth rate? A) 7.1% B) 2.5% C) 18.2% D) 4.0% E 11.3%
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