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Find the sustainable and internal growth rates for a firm with the following ratios: asset tumover = 1.2. profit margin (net income/sales) = 7%, payout
Find the sustainable and internal growth rates for a firm with the following ratios: asset tumover = 1.2. profit margin (net income/sales) = 7%, payout ratio = 35%, equity/assets = 0.7. (Round your answers to 2 decimal places.) Sustainable growth rate 1% Internal growth rate %
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Computerized Accounting With Quickbooks 2018
Authors: James B. Rosa, Kathleen Villani
1st Edition
0763882674, 9780763882679
