Question
Assume the following ratios are constant. Total asset turnover Profit margin Equity multiplier Payout ratio 2.28 5.6% 1.75 37% What is the sustainable growth
Assume the following ratios are constant. Total asset turnover Profit margin Equity multiplier Payout ratio 2.28 5.6% 1.75 37% What is the sustainable growth rate? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
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Fundamentals of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
11th edition
77861701, 978-0077861704
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