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Dance World has a net profit margin of 5 percent and a dividend payout ratio of 20 percent. The total asset turnover is 1.6 and
Dance World has a net profit margin of 5 percent and a dividend payout ratio of 20 percent. The total asset turnover is 1.6 and the debt-equity ratio is .4. What is the sustainable growth rate?
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11.20%
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9.60%
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10.89%
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9.26%
- 9.84%
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