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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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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
