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32 A firm has sales of $155.5 million and net income of $52.8 million. It pays out $17.1 million in dividends, resulting in an owner's

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32 A firm has sales of $155.5 million and net income of $52.8 million. It pays out $17.1 million in dividends, resulting in an owner's equity balance of $180.3 million What is this firm's sustainable growth rate, given this information? Round to two decimal places. 76.76% 19.80% 13.53% 17.62%

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