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Find the sustainable and internal growth rates for a firm with the following ratios: asset turnover (sales/initial assets) = 1.2; profit margin (net income/sales)=4%; payout
Find the sustainable and internal growth rates for a firm with the following ratios: asset turnover (sales/initial assets) = 1.2; profit margin (net income/sales)=4%; payout ratio = 36%; initial equity/initial assets = 0.5. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Sustainable growth rate Internal growth rate
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