Question
Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 9 percent a year, a debt-equity ratio of .41, and a dividend payout ratio of
Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 9 percent a year, a debt-equity ratio of .41, and a dividend payout ratio of 32 percent. The ratio of total assets to sales is constant at 1.34. What profit margin must the firm achieve?
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The Financial System Financial Regulation And Central Bank Policy
Authors: Thomas F. Cargill
1st Edition
1107035678, 9781107035676
