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Task 7 : Estimate the sustainable growth rate as at the end of the fourth year, based on the following assumptions: The sustainable Profit Margin
Task : Estimate the sustainable growth rate as at the end of the fourth year, based on the following assumptions: The sustainable Profit Margin is estimated to be equal to that estimated forthe fourth year, based on the fourth year Net Income and Sales. The sustainable Asset Turnover is estimated to be equal to that estimated for the fourth year, based on average Total Assets in year and and Sales in year Assume a target Leverage Ratio as being equal to Assume a target Retention Ratio as being equalto
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