Question
Dante Co. wishes to maintain a growth rate of 10.6 percent a year, a debtequity ratio of 1.1, and a dividend payout ratio of 22
| Dante Co. wishes to maintain a growth rate of 10.6 percent a year, a debtequity ratio of 1.1, and a dividend payout ratio of 22 percent. The ratio of total assets to sales is constant at .83. |
| What profit margin must the firm achieve? |
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
