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Assume the following ratios are constant. Total asset turnover 1.47 Profit margin 8.3% Equity multiplier 1.5 Payout ratio 55% What is the sustainable growth rate?
Assume the following ratios are constant.
Total asset turnover | 1.47 |
Profit margin | 8.3% |
Equity multiplier | 1.5 |
Payout ratio | 55% |
What is the sustainable growth rate?
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