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Assume the following ratios are constant: Total asset turnover 2.65 Profit margin 5.7 % Equity multiplier 1.60 Payout ratio 70 % What is the sustainable
Assume the following ratios are constant: |
| Total asset turnover | 2.65 | ||
| Profit margin | 5.7 | % | |
| Equity multiplier | 1.60 | ||
| Payout ratio | 70 | % | |
What is the sustainable growth rate? |
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Essentials Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
7th Edition
0073382469, 978-0073382463
