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Calculate the growth rate given the following: Net profit margin 4% Fixed asset turnover 3.5 Total asset turnover 2.2 Total assets/equity 2.4 Dividend payout ratio
Calculate the growth rate given the following:
Net profit margin 4%
Fixed asset turnover 3.5
Total asset turnover 2.2
Total assets/equity 2.4
Dividend payout ratio 45%
A. 9.5%
B. 11.6%
C. 18.5%
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Investments An Introduction
Authors: Herbert B. Mayo
13th Edition
0357127951, 978-0357127957
