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Leidos, Inc. has a dividend payout ratio of 30 percent and a sustainable growth rate of 8.0 percent. The asset turnover ratio is 0.85

 

Leidos, Inc. has a dividend payout ratio of 30 percent and a sustainable growth rate of 8.0 percent. The asset turnover ratio is 0.85 and the return on sales ratio is 9.0%. What is the financial leverage?

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According to PRAT model Sustainable Growth Rate Return on Sales ratio x Asset turnover x 1 Divid... blur-text-image

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