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Loreto Inc. has the following financial ratios: asset turnover = 1.20; profit margin = 4%; payout ratio-20%; equity/assets-0.50 a. What is Loreto's sustainable growth rate?
Loreto Inc. has the following financial ratios: asset turnover = 1.20; profit margin = 4%; payout ratio-20%; equity/assets-0.50 a. What is Loreto's sustainable growth rate? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Sustainable growth rate b. What is its internal growth rate? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Internal growth rate
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