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Based on the following information, calculate the sustainable growth rate for Raven Drum Inc.: Profit Margin = 5.3 Total Asset Turnover = 1.6 Total Debt

Based on the following information, calculate the sustainable growth rate for Raven Drum Inc.:

Profit Margin = 5.3

Total Asset Turnover = 1.6

Total Debt Ratio = 0.45

Payout Ratio = 30%

What is the ROE?

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