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You are given the following information on Kaleb's Welding Supply: Profit margin 6.1 % Capital intensity ratio .70 Debtequity ratio .8 Net income $ 70,000
You are given the following information on Kaleb's Welding Supply:
Profit margin | 6.1 | % |
Capital intensity ratio | .70 | |
Debtequity ratio | .8 | |
Net income | $ | 70,000 |
Dividends | $ | 15,200 |
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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