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Ramble On Company wishes to maintain a growth rate of 7 percent a year, a debt-equity ratio of 0.33 , and a dividend payout ratio

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Ramble On Company wishes to maintain a growth rate of 7 percent a year, a debt-equity ratio of 0.33 , and a dividend payout ratio of 56 percent. The ratio of total assets to sales is constant at 1.29. What profit margin must the firm achieve

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