amble On Company wishes to maintain a growth rate of 8 percent a year, a debt-equity ratio of 0.45, and a dividend payout ratio of 64 percent. The ratio of total assets to sales is constant at 1.38. What profit margin must the firm achieve?

Multiple Choice

• 11.12%

• 10.38%

• 19.83%

• 5.78%

• 19.58%