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Sunland Company has a net profit margin of 7.5 percent, debt ratio of 42 percent, total assets of $4,588,700, and sales of $5,520,600. If the
Sunland Company has a net profit margin of 7.5 percent, debt ratio of 42 percent, total assets of $4,588,700, and sales of $5,520,600. If the company has a dividend payout ratio of 74 percent, what is its sustainable growth rate? (Round answer to 1 decimal place, e.g. 17.5%.)
Sustainable growth rate | enter the sustainable growth rate in percentages rounded to 1 decimal place % |
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