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ratlo of Appleton Corp. wishes to maintain a growth rate of 13.4 percent and a dividend payout 38 percent. The ratio of total assets to

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ratlo of Appleton Corp. wishes to maintain a growth rate of 13.4 percent and a dividend payout 38 percent. The ratio of total assets to sales is constant at.80 and profit margin is at 8.1 percent. If Appleton Corp also wished to maintain a constant debt-equity ratio, what must it be? Do not round your intermediate calculations. Round your final answer to 2 decimal places. 8

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