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Assume the following ratios are constant. Total asset turnover = 2 . 2 3 Profit margin = 5 . 1 % Equity multiplier = 1

Assume the following ratios are constant.

Total asset turnover

= 2.23

Profit margin

= 5.1 %

Equity multiplier

= 1.70

Payout ratio

= 48 %

What is the ROE?

What is the sustainable growth rate?

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