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You are given the following information for Clapton Guitars, Inc. Profit margin 9 % Total asset turnover 1 Total debt ratio 0.36 Payout ratio 31
You are given the following information for Clapton Guitars, Inc.
Profit margin | 9 | % | |
Total asset turnover | 1 | ||
Total debt ratio | 0.36 | ||
Payout ratio | 31 | % |
Calculate the sustainable growth rate (in %).
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