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Assume the following ratios are constant. Total asset turnover = 2.19 Profit margin = 4.7 % Equity multiplier = 1.66 Payout ratio = 44 %
Assume the following ratios are constant.
Total asset turnover | = | 2.19 | |
Profit margin | = | 4.7 | % |
Equity multiplier | = | 1.66 | |
Payout ratio | = | 44 | % |
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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