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Check my wo 14 High Flyer, Inc., wishes to maintain a growth rate of 12 percent per year and a debt- equity ratio of 25.
Check my wo 14 High Flyer, Inc., wishes to maintain a growth rate of 12 percent per year and a debt- equity ratio of 25. The profit margin is 5 percent, and total asset turnover is constant at 1.20. 10 points eBook a. What is the dividend payout ratio? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b.What is the maximum sustainable growth rate for this company? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Print References a. % Dividend payout ratio Maximum sustainable growth rate b. 9% Mo
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