Question
Assume that the following ratios are constant.Total asset turnover1.49Profit margin6.7%Equity multiplier1.4Payout ratio51% Required: What is the sustainable growth rate? (Do not round your intermediate calculations.)
Assume that the following ratios are constant.Total asset turnover1.49Profit margin6.7%Equity multiplier1.4Payout ratio51%Required:What is the sustainable growth rate?(Do not round your intermediate calculations.)
rev: 09_17_2012
a. 7.35%
b. -2%
c. -1.92%
d. 7.77%
e. 7.55%
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Fundamentals Of Financial Management Concise
Authors: Eugene F. Brigham, Joel F. Houston
11th Edition
0357517717, 9780357517710
