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Ramble On Company wishes to maintain a growth rate of 8 percent a year, a debt-equity ratio of 0.43, and a dividend payout ratio of

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Ramble On Company wishes to maintain a growth rate of 8 percent a year, a debt-equity ratio of 0.43, and a dividend payout ratio of 62 percent. The ratio of total assets to sales is constant at 1.29. What profit margin must the firm achieve? Multiple Choice 17.58% 10.88% 17.83% 10.67%

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