Question
ssume the following ratios are constant: Total asset turnover 2.60 Profit margin 6.6 % Equity multiplier 1.50 Payout ratio 25 % What is the sustainable
| ssume the following ratios are constant: |
| Total asset turnover | 2.60 | ||
| Profit margin | 6.6 | % | |
| Equity multiplier | 1.50 | ||
| Payout ratio | 25 | % |
| What is the sustainable growth rate?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Sustainable growth rate | % |
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
15th edition
134796551, 134796550, 978-0134796550
