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Assume the following ratios are constant: Total asset turnover 2.9 Profit Margin 6.9% Equity multiplier 2 Payout ratio 35% What is the sustainable growth rate?
Assume the following ratios are constant:
Total asset turnover 2.9
Profit Margin 6.9%
Equity multiplier 2
Payout ratio 35%
What is the sustainable growth rate? _______%
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