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You are given the following information for Clapton Guitars, Inc. Profit margin 10 % Total asset turnover 1.4 Total debt ratio 0.49 Payout ratio 36
You are given the following information for Clapton Guitars, Inc.
Profit margin | 10 | % | |
Total asset turnover | 1.4 | ||
Total debt ratio | 0.49 | ||
Payout ratio | 36 | % |
Calculate the sustainable growth rate (in %). (round 4 decimal places)
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