Question
You are given the following information for Hendrix Guitars, Inc. Profit margin 5.8 % Total asset turnover 1.3 Total debt ratio .39 Payout ratio 40
You are given the following information for Hendrix Guitars, Inc. Profit margin 5.8 % Total asset turnover 1.3 Total debt ratio .39 Payout ratio 40 % 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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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
