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c) Patel Steel wants to maintain a growth rate of 13 percentage a year, a debt-equity ratio of 1.20, and a dividend payout ratio of

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c) Patel Steel wants to maintain a growth rate of 13 percentage a year, a debt-equity ratio of 1.20, and a dividend payout ratio of 30 percentage. The ratio of total assets to sales is constant at 0.95. What profit margin must the firm achieve? Question 2. (25 marks) What is the primary disadvantage of corporate form of organization. Name at least two Notes

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