Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 10.25 percent a year, a debt-equity ratio of .46, and a dividend payout ratio of
Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 10.25 percent a year, a debt-equity ratio of .46, and a dividend payout ratio of 29.5 percent. The ratio of total assets to sales is constant at 1.29. Required: What profit margin must the firm achieve?
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Authors: Malcolm Torry
1st Edition
3030236137, 978-3030236137
