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Assume the following ratios are constant: Total asset turnover 2.5 Profit margin 5.2 Equity multiplier 1.3 Payout ratio 22 % What is the sustainable growth
Assume the following ratios are constant: |
Total asset turnover | 2.5 | ||
Profit margin | 5.2 |
| |
Equity multiplier | 1.3 | ||
Payout ratio | 22 | % | |
What is the sustainable growth rate? |
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