Question
You have located the following information on Webb's Heating & Air Conditioning: debt ratio is 64 percent, capital intensity is 1.30 times, profit margin is
You have located the following information on Webb's Heating & Air Conditioning: debt ratio is 64 percent, capital intensity is 1.30 times, profit margin is 11.5 percent, and the dividend payout is 15.00 percent.
Calculate the sustainable growth rate for Webb.
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
