Question
You have located the following information on Webb's Heating & Air Conditioning: debt ratio is 54 percent, capital intensity is 1.10 times, profit margin is
You have located the following information on Webb's Heating & Air Conditioning: debt ratio is 54 percent, capital intensity is 1.10 times, profit margin is 12.5 percent, and the dividend payout is 25 percent.
Calculate the sustainable growth rate for Webb.(Do not round intermediate calculations and round your finalanswer to 2 decimal places.)
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Get StartedRecommended Textbook for
Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
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