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You are given the following information for Clapton Guitars, Inc. Profit margin 6.1 % Total asset turnover 1.1 Total debt ratio 0.42 Payout ratio 25
You are given the following information for Clapton Guitars, Inc. |
Profit margin | 6.1 | % | |
Total asset turnover | 1.1 | ||
Total debt ratio | 0.42 | ||
Payout ratio | 25 | % | |
Calculate the sustainable growth rate. |
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