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You are given the following information for Hendrix Guitars, Inc. Profit margin 6.3 % Total asset turnover 1.6 Total debt ratio .44 Payout ratio 35
You are given the following information for Hendrix Guitars, Inc.
Profit margin | 6.3 | % | |
Total asset turnover | 1.6 | ||
Total debt ratio | .44 | ||
Payout ratio | 35 | % | |
Calculate the sustainable growth rate. |
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