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You are given the following information on Kaleb's Heavy Equipment: Profit margin 6.9 % Capital intensity ratio .78 Debt-equity ratio .9 Net income $ 86,000
You are given the following information on Kaleb's Heavy Equipment: Profit margin 6.9 % Capital intensity ratio .78 Debt-equity ratio .9 Net income $ 86,000 Dividends $ 16,800 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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