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An analyst gathered the following information regarding a company: Return on assets = 18% Asset turnover = 13% Dividend payout ratio = 60% Equity multiplier
An analyst gathered the following information regarding a company:
Return on assets = 18%
Asset turnover = 13%
Dividend payout ratio = 60%
Equity multiplier = 1.35
The company's sustainable growth rate is closest to:
Select one:
a. 9.72%
b. 14.58%
c. 12.64%
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