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A firm wishes to maintain a growth rate of 13.2 percent and a dividend payout ratio of 36 percent. The ratio of total assets to
A firm wishes to maintain a growth rate of 13.2 percent and a dividend payout ratio of 36 percent. The ratio of total assets to sales is constant at 0.70, and profit margin is 7.9 percent. |
If the firm also wishes to maintain a constant debt-equity ratio, what must it be? |
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