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Boyd Crowder's Chowder, Inc. desires a sustainable growth rate of 25.4 percent while maintaining a 28 percent retention ratio and a 11.5 percent profit margin.

image text in transcribed Boyd Crowder's Chowder, Inc. desires a sustainable growth rate of 25.4 percent while maintaining a 28 percent retention ratio and a 11.5 percent profit margin. The company has a capital intensity ratio of 1.36 . What equity multiplier is required to achieve the company's desired rate of growth? Boyd Crowder's Chowder, Inc. desires a sustainable growth rate of 25.4 percent while maintaining a 28 percent retention ratio and a 11.5 percent profit margin. The company has a capital intensity ratio of 1.36 . What equity multiplier is required to achieve the company's desired rate of growth

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