Assume the following ratios are constant: Total asset turnover2.65 Profit margin5.7% Equity multiplier1.60 Payout ratio70% What is
Fantastic news! We've Found the answer you've been seeking!
Question:
Assume the following ratios are constant:
Total asset turnover2.65
Profit margin5.7%
Equity multiplier1.60
Payout ratio70%
What is the sustainable growth rate?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Sustainable Growth Rate = %
Posted Date: