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Jasmine Manufacturing wishes to maintain a sustainable growth rate of 1 0 percent a year, a debt - equity ratio of 4 7 , and
Jasmine Manufacturing wishes to maintain a sustainable growth rate of percent a year, a debtequity ratio of and a dividend payout ratio of percent. The ratio of total assets to sales is constant at What profit margin must the firm achieve?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
Profit margin
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