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Tinsley. Incorporated, wishes to maintain a growth rate of 14 percent per year and a debt-equity ratio of .5. The profit margin is 4.6 percent,

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Tinsley. Incorporated, wishes to maintain a growth rate of 14 percent per year and a debt-equity ratio of .5. The profit margin is 4.6 percent, and total asset turnover is constant at 1.16. a. What is the dividend payout ratio? Note: A negative answer should be indlcated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.94 32.16. b. What is the maximum sustainable growth rate for this comparty? Note: Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 declmal places, e.g., 32.16

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