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Tinsley, Incorporated, wishes to maintain a growth rate of 1 7 . 7 5 percent per year and a debt - equity ratlo of 1

Tinsley, Incorporated, wishes to maintain a growth rate of 17.75 percent per year and a debt-equity ratlo of 1.25. The profit margin Is 4.1 percent, and total asset turnover is constant at 1.01.
a. What is the dividend payout ratio?
Note: A negatlve answer should be Indlcated by a minus sign. Do not round Intermedlate calculatlons and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
b. What is the maximum sustalnable growth rate for this company?
Note: Do not round Intermedlate calculatlons and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
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