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You are given the following information for Hendrix Guitars, Incorporated: Profit margin 5.6% Total asset turnover 1.4 Total debt ratio .37 Payout ratio 30% Calculate

You are given the following information for Hendrix Guitars, Incorporated:

Profit margin 5.6%

Total asset turnover 1.4

Total debt ratio .37

Payout ratio 30%

Calculate the sustainable growth rate. _________________________%

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