Question
You are given the following information for Hendrix Guitars, Inc. Profit margin 6.1 % Total asset turnover 1.1 Total debt ratio .42 Payout ratio 25
| You are given the following information for Hendrix Guitars, Inc. |
| Profit margin | 6.1 | % | |
| Total asset turnover | 1.1 | ||
| Total debt ratio | .42 | ||
| Payout ratio | 25 | % | |
| 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.) |
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Quantitative Trading
Authors: Ernest P. Chan
2nd Edition
1119800064, 978-1119800064
