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Martin's Lumber has a profit margin of 7 percent and a dividend payout ratio of 30 percent. The total asset turnover is .90, and the
Martin's Lumber has a profit margin of 7 percent and a dividend payout ratio of 30 percent. The total asset turnover is .90, and the debt-equity ratio is .45. What is the sustainable rate of growth?
6.99%
6.83%
6.67%
6.90%
6.33%
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