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Assume the following ratios are constant: Total asset turnover 2.50 Profit margin 5.4 % Equity multiplier 1.30 Payout ratio 35 % What is the sustainable
Assume the following ratios are constant:
| Total asset turnover | 2.50 | ||
| Profit margin | 5.4 | % | |
| Equity multiplier | 1.30 | ||
| Payout ratio | 35 | % | |
| What is the sustainable growth rate? |
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Business Finance
Authors: Ronald R. Pitfield
1st Edition
0852581513, 978-0852581513
