Dante Co. wishes to maintain a growth rate of12 percent per year, a debt-equity ratio of .85,
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Dante Co. wishes to maintain a growth rate of12 percent per year, a debt-equity ratio of .85, and a dividend payout ratio of 30 percent. The ratio of total assets to sales is constant at .95. What profit margin must thefirm achieve?
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861704
11th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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