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Chapter 4 Homework i 8 You are given the following information for Hendrix Guitars, Incorporated: Profit margin 5.9% Total asset turnover 1.15 Total debt ratio

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Chapter 4 Homework i 8 You are given the following information for Hendrix Guitars, Incorporated: Profit margin 5.9% Total asset turnover 1.15 Total debt ratio 45 Payout ratio 40% 1 points Calculate the sustainable growth rate. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) eBook 10 Hint Sustainable growth rate Print i References

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