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You are given the following information for Hendrix Guitars, Inc. Profit margin 7.2% Total asset 1.6 turnover Total debt ratio .53 Payout ratio 20%
You are given the following information for Hendrix Guitars, Inc. Profit margin 7.2% Total asset 1.6 turnover Total debt ratio .53 Payout ratio 20% es Calculate the sustainable growth rate. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate %
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
