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Drazi, Inc.s profit margin is 15%, total asset turnover is 0.8, equity multiplier is 1.25, and dividend payout ratio is 45%. The firm has no
Drazi, Inc.s profit margin is 15%, total asset turnover is 0.8, equity multiplier is 1.25, and dividend payout ratio is 45%. The firm has no plan to raise funds externally, only counting on its own internal funding (i.e., retained earnings) to support growth. What maximum growth rate can Drazi achieve?
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