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Stop and Go has a 6 percent profit margin and a 45 percent dividend payout ratio. The total asset turnover is 1.75 and the debt-equity
Stop and Go has a 6 percent profit margin and a 45 percent dividend payout ratio. The total asset turnover is 1.75 and the debt-equity ratio is .60. What is the sustainable rate of growth?
Multiple Choice
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7.43 percent
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8.46 percent
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10.18 percent
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11.90 percent
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6.23 percent
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