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Assume the following ratios are constant: Total asset turnover 2.50 Profit margin 6.5 % Equity multiplier 1.60 Payout ratio 20 % What is the sustainable
Assume the following ratios are constant: Total asset turnover 2.50 Profit margin 6.5 % Equity multiplier 1.60 Payout ratio 20 % What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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