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A firm wishes to maintain a growth rate of 12.4% and a dividend payout ratio of 28%. The ratio of total assets to sales is

A firm wishes to maintain a growth rate of 12.4% and a dividend payout ratio of 28%. The ratio of total assets to sales is constant at 0.60, and profit margin is 7.1%. If the firm also wishes to maintain a constant debt-equity ratio, what must it be? debt to equity ratio??

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