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Based on the following information, calculate the sustainable growth rate for Kalebs Heavy Equipment: [Note that Capital Intensity Ratio is equal to Total Assets/Sales, or

Based on the following information, calculate the sustainable growth rate for Kalebs Heavy Equipment: [Note that Capital Intensity Ratio is equal to Total Assets/Sales, or 1/Total Assets Turnover]

Profit margin 9.3%

Capital intensity ratio .45

Debt-equity ratio .52

Net income $34,000

Dividends $23,800

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