Question
Assume the following ratios are constant. Total asset turnover = 2.28 Profit margin = 5.6 % Equity multiplier = 1.75 Payout ratio = 37 %
Assume the following ratios are constant.
| Total asset turnover | = | 2.28 | |
| Profit margin | = | 5.6 | % |
| Equity multiplier | = | 1.75 | |
| Payout ratio | = | 37 | % |
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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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
5th Edition
0134734203, 978-0134734200
