Assuming the following ratios are constant, what is the sustainable growth rate? Total asset turnover = 1.35
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Assuming the following ratios are constant, what is the sustainable growth rate?
Total asset turnover = 1.35
Profit margin = 5.7%
Equity multiplier = 1.47
Payout ratio = 40%
Asset TurnoverAsset 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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Related Book For
Essentials of Corporate Finance
ISBN: 978-0078034756
8th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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