Based on the following information, calculate the sustainable growth rate for Corbet, Inc.: Profit margin = 9.0%

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Based on the following information, calculate the sustainable growth rate for Corbet, Inc.:

Profit margin = 9.0%

Total asset turnover=1.60

Total debt ratio = .60

Payout ratio = 55%

What is the ROA here?

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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

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

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