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Assume the following ratios are constant: Total asset turnover 1.9 Profit margin 8.6% Equity multiplier 1.1 Payout ratio 25% What is the sustainable growth rate?
Assume the following ratios are constant:
Total asset turnover 1.9
Profit margin 8.6%
Equity multiplier 1.1
Payout ratio 25%
What is the sustainable growth rate? (in %)
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