It's Yours Manufacturing wishes to maintain a growth rate of 8 percent a year, a debt-equity ratio

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It's Yours Manufacturing wishes to maintain a growth rate of 8 percent a year, a debt-equity ratio of 0.45, and a dividend payout ratio of 25 percent. The ratio of total assets to sales is constant at 1.40. What profit margin must the firm achieve?


Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Essentials Of Corporate Finance

ISBN: 9780073405131

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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