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Profit margin = 8.4 % Capital intensity ratio =0.45 Debt-equity ratio =0.60 Net income = $95,000 Dividends = $ 40,000 Required: Based on the above

Profit margin = 8.4 % Capital intensity ratio =0.45 Debt-equity ratio =0.60 Net income = $95,000 Dividends = $ 40,000 Required: Based on the above information, calculate the sustainable growth rate for Southern Lights Co. (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

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