Question
Basic Motors has a profit margin of 5.6 %, a total asset turnover of 1.76, a total debt ratio of .2, and a dividend payout
Basic Motors has a profit margin of 5.6 %, a total asset turnover of 1.76, a total debt ratio of .2, and a dividend payout ratio of .7
What is the sustainable growth rate?
(multiple choice)
- 4.68%
- 3..84%
- 2.12%
- 3.49%
- 4.41%
(please show work)
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
