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please answer ASAP 1- Financial Planning (Chapter 4) Savad Ramble On Co. wishes to maintain a growth rate of 11.6 percent per year, a debt-equity
please answer ASAP
1- Financial Planning (Chapter 4) Savad Ramble On Co. wishes to maintain a growth rate of 11.6 percent per year, a debt-equity ratio of 1.6, and a dividend payout ratio of 25 percent The ratio of total assets to sales is constant at 88. What profit margin must the firm achieve? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Profit margin %Step by Step Solution
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