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R. N. C., Inc. wants to maintain a 40 percent dividend payout ratio and a 6 percent profit margin. The company has a total asset
R. N. C., Inc. wants to maintain a 40 percent dividend payout ratio and a 6 percent profit margin. The company has a total asset turnover ratio of 0.813 and a debt -equity ratio of 0.47. What is the sustainable rate of growth? 2.6% 3.8% 4.5% 5.8%
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