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Assume the following ratios are constant: Total asset turnover 2.1 Profit margin 5 % Equity multiplier 1.2 Payout ratio 20 % What is the sustainable
Assume the following ratios are constant:
| Total asset turnover | 2.1 | ||
| Profit margin | 5 | % | |
| Equity multiplier | 1.2 | ||
| Payout ratio | 20 | % | |
What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate
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