bluebug3699 bluebug3699

22-02-2024
Business

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Assume the following ratios are constant: Total asset turnover 2.90
Profit margin 5.8%
Equity multiplier 1.50
Payout ratio 30%
What is the sustainable growth rate? (Do not round Intermediate calculations and round your final answer to 2 decimal places.) Sustainable growth rate _____%

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