Assume the following ratios are constant:

Total asset turnover 2.90 Profit margin 5.2% Equity multiplier 1.10 Payout ratio 35%

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hat is the sustainable growth rate?

S04-15 Sustainable Growth [LO3] Assume the following ratios are constant: 2.90 Total asset turnover Profit margin Equity multiplier Payout ratio 5.2% 1.19 35% What is the sustainable growth rate? (Do not your answer as a percent rounded to 2 decir Sustainable growth rate