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The Green Giant has a 5 percent profit margin and a 64 percent dividend payout ratio. The total asset turnover is 1.1 and the equity
The Green Giant has a 5 percent profit margin and a 64 percent dividend payout ratio. The total asset turnover is 1.1 and the equity multiplier is 1.6. What is the sustainable rate of growth? |
Multiple Choice
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3.27 percent
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1.76 percent
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22.53 percent
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5.23 percent
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8.80 percent
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