A firm wishes to maintain a growth rate of 11.5% and a dividend payout ratio of 30%.
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A firm wishes to maintain a growth rate of 11.5% and a dividend payout ratio of 30%. The ratio of total assets to sales is constant at 0.60, and profit margin is 6.2%. If the firm also wishes to maintain a constant debt– equity ratio, what must it be?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781259654756
10th Canadian Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway
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