Question
Ramble On Co. wishes to maintain a growth rate of 7 percent a year, a debt-equity ratio of 0.31, and a dividend payout ratio of
Ramble On Co. wishes to maintain a growth rate of 7 percent a year, a debt-equity ratio of 0.31, and a dividend payout ratio of 66 percent. The ratio of total assets to sales is constant at 1.27. What profit margin must the firm achieve?
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
