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Ramble On Co. wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.33, and a dividend payout ratio of

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Ramble On Co. wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.33, and a dividend payout ratio of 68 percent. The ratio of total assets to sales is constant at 1.4. What profit margin must the firm achieve? Multiple Choice 13.96% 27.4196 271696

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