Question
Assume the following ratios are constant: Total asset turnover 2.9 Profit margin 6.9 % Equity multiplier 2.0 Payout ratio 35 % What is the sustainable
| Assume the following ratios are constant: |
| Total asset turnover | 2.9 | ||
| Profit margin | 6.9 | % | |
| Equity multiplier | 2.0 | ||
| Payout ratio | 35 | % |
| 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.) |
| Sustainable growth rate | %
|
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
