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You are given the following information for Clapton Guitars, Inc. Profit margin Total asset turnover Total debt ratio Payout ratio 5.3% 1.60 0.45 30% Calculate

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You are given the following information for Clapton Guitars, Inc. Profit margin Total asset turnover Total debt ratio Payout ratio 5.3% 1.60 0.45 30% Calculate the sustainable growth rate. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Sustainable growth rate

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