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Youve collected the following information about Perks, Inc.: Profit margin = 4.41 % Total asset turnover = 3.20 Total debt ratio = .28 Payout ratio
Youve collected the following information about Perks, Inc.:
Profit margin = 4.41 %
Total asset turnover = 3.20
Total debt ratio = .28
Payout ratio = 26 %
Requirement 1:
What is the sustainable growth rate for Perks, Inc.? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)
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