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Saved Ramble On Company wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.43, and a dividend payout
Saved Ramble On Company wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.43, and a dividend payout ratio of 64 percent. The ratio of total assets to sales is constant at 1.38. What profit margin must the firm achieve?
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