Aubrey, Inc has a constant retention ratio of 73% and plans to maintain a sustainable growth rate

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Aubrey, Inc has a constant retention ratio of 73% and plans to maintain a sustainable growth rate of 12.%. The total asset turnover for the firm is 0.7 while its profit margin is 7%. What is the constant D/E ratio for Aubrey, Inc.?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jan 02, 2024 12:15 AM

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Aubrey, Inc has a constant retention ratio of 73% and plans to maintain a sustainable growth rate

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Income Tax Fundamentals 2013

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