Based on the following information, calculate the sustainable growth rate for Sully, Inc.: Profit margin = 5.2%

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Based on the following information, calculate the sustainable growth rate for Sully, Inc.:

Profit margin = 5.2%

Total debt ratio = .30

Payout ratio = 15%

What is the ROA here?

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.

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Essentials of Corporate Finance

ISBN: 978-1259277214

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jun 30, 2016 09:31 AM

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Based on the following information, calculate the sustainable growth rate for Sully, Inc.: Profit margin = 5.2%

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Calculate sustainable growth rate The sustainable growth rate is calculated using the below formula ...View the full answer

Essentials of Corporate Finance

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