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You are given the following information for Hendrix Guitars, Inc. Profit margin 6.0 % Total asset turnover 1.8 Total debt ratio .41 Payout ratio 20

You are given the following information for Hendrix Guitars, Inc.

Profit margin 6.0 %

Total asset turnover 1.8

Total debt ratio .41

Payout ratio 20 %

Calculate the sustainable growth rate

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