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You are given the following information for Clapton Guitars, Inc. Profit margin 9% Total asset turnover 1.3 Total debt ratio 0.3 Payout ratio 37% Calculate
You are given the following information for Clapton Guitars, Inc.
| Profit margin | 9% | ||
| Total asset turnover | 1.3 | ||
| Total debt ratio | 0.3 | ||
| Payout ratio | 37% |
Calculate the sustainable growth rate (in %) (round 4 decimal places)
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Business Analysis And Valuation Using Financial Statements
Authors: Krishna G Palepu, Paul M Healy
4th Edition
032430286X, 9780324302868
