Question
A firms profit margin is 21%, and its asset turnover ratio is 0.5. It has no debt, has net income of $65 per share, and
A firms profit margin is 21%, and its asset turnover ratio is 0.5. It has no debt, has net income of $65 per share, and pays dividends of $26 per share. What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)
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Financial Intelligence For IT Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119149, 9781422119143
