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A firm has a retention ratio of 43.00% and a sustainable growth rate of 9.70%. The capital intensity ratio is 1.55 and the debt-equity ratio
A firm has a retention ratio of 43.00% and a sustainable growth rate of 9.70%. The capital intensity ratio is 1.55 and the debt-equity ratio is .78. What is the profit margin (PM)?
A. | 19.46% | |
B. | 11.55% | |
C. | 20.56% | |
D. | 17.91% |
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