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Fix-lt Co. wishes to malntaln a growth rate of 9.89 percent a year, a constant debt-equity ratio of 42, and a dividend payout ratio of

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Fix-lt Co. wishes to malntaln a growth rate of 9.89 percent a year, a constant debt-equity ratio of 42, and a dividend payout ratio of 40 percent. The ratio of total assets to sales is constant at 1.3. What profit margin must the firm achleve? Multiple Choice 8.13 percent 1 13.46 percent 573 13.73 percent 14.33 percent 474 percent

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