6 A firm has an asset turnover ratio of 2 0. Its plowback ratio is 50%, and...

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A firm has an asset turnover ratio of 2 0. Its plowback ratio is 50%, and it is all-equity-financed. If the profit margin of the firm is 11%, what is the maximum payout ratio that will allow it to grow at 13% without resorting to external financing? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Maximum payout ratio %

Posted Date: Jun 26, 2024 05:08 AM

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6 A firm has an asset turnover ratio of 2 0. Its plowback ratio is 50%, and...

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