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Loreto incorporated has the following financial ratios: asset turnover =2.60, net profit margin (i.e., net income/sales) =4%, payout ratio =25%; equity/assets =0.30. a. What is

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Loreto incorporated has the following financial ratios: asset turnover =2.60, net profit margin (i.e., net income/sales) =4%, payout ratio =25%; equity/assets =0.30. a. What is Loreto's sustainable growth rate? b. What is its internal growth rate? Note: Do not round intermediate calculotions. Enter your answers as a percent rounded to 2 decimal places

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