Question: Assume the following ratios are constant: Total asset turnover 3 . 4 Profit margin 6 . 3 % Equity multiplier 1 . 5 Payout ratio
Assume the following ratios are constant:
Total asset turnover
Profit margin
Equity multiplier
Payout ratio
What is the sustainable growth rate? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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