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Feryn's. Automotive has total asets of $1,000,000 and total Liabilities (debt) of $600,000. They have a percent net profit of 8% and pay out 35%
Feryn's. Automotive has total asets of $1,000,000 and total Liabilities (debt) of $600,000. They have a percent net profit of 8% and pay out 35% of their income as dividends. Calculate their sustainable growth rate SGR if 70% of their assets vary with sales (A/S)?
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