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Company A has the following financial data. Assume that the financial ratios of the company are constant. Payout ratio 40%, Total asset $120 million, Total
Company A has the following financial data. Assume that the financial ratios of the company are constant.
Payout ratio 40%, Total asset $120 million, Total equity $100 million, Profit margin 8%, Total asset turnover 1.4
What is the sustainable growth rate of this company? You should show all calculations to earn full credit.
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