Question
Martin's Lumber has a profit margin of 7% and a dividend pay out ratio of 30%. The total asset turnover is 0.90, and the debt-equity
Martin's Lumber has a profit margin of 7% and a dividend pay out ratio of 30%. The total asset turnover is 0.90, and the debt-equity ratio is 0.45. What is the sustainable growth rate?
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
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