Question
A firm wishes to maintain an internal growth rate of 11 percent and a dividend payout ratio of 70 percent. The ratio of total assets
| A firm wishes to maintain an internal growth rate of 11 percent and a dividend payout ratio of 70 percent. The ratio of total assets to sales is constant at 0.9, and the profit margin is 9.6 percent. If the firm also wishes to maintain a constant debt-equity ratio, what must it be? |
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Technical Analysis Of The Financial Markets
Authors: John J. Murphy
1st Edition
0735200661, 978-0735200661
