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------------------------------------------------------------------------------------------------------------------------------------------------- What profit margin must the Toshak Inc. target if the company wants to maintain a growth rate of 7 percent a year, a debt
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What profit margin must the Toshak Inc. target if the company wants to maintain a growth rate of 7 percent a year, a debt to equity ratio of 0.45, and a dividend payout ratio of 58 percent. Assume, total assets to sales is constant at 1.36. Compute the sustainable growth rate for Kennedy Corp. using the information below: Total asset turnover Profit margin Equity multiplier Payout ratio 1.51 6.5% 1.1 63%
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