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Assume the following ratios are constant: Total asset turnover 2.00 Profit margin 5.3 % Equity multiplier 1.30 Payout ratio 30 % What is the sustainable
Assume the following ratios are constant: |
Total asset turnover | 2.00 | ||
Profit margin | 5.3 | % | |
Equity multiplier | 1.30 | ||
Payout ratio | 30 | % |
What is the sustainable growth rate? |
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