Question
Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 9.75 percent a year, a debtequity ratio of .48, and a dividend payout ratio of
Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 9.75 percent a year, a debtequity ratio of .48, and a dividend payout ratio of 28.5 percent. The ratio of total assets to sales is constant at 1.27. What profit margin must the firm achieve in order to meet its growth rate goal?
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Recent Advances In Computational Finance
Authors: Nikolaos S. Thomaidis, Jr. Dash, Gordon H.
1st Edition
1626181233, 978-1626181236
