Assume the following ratios are constant: Total asset turnover 2.25 Profit margin 5.3% Equity multiplier 1.72 Payout
Fantastic news! We've Found the answer you've been seeking!
Question:
Assume the following ratios are constant:
Total asset turnover 2.25
Profit margin 5.3%
Equity multiplier 1.72
Payout ratio 50%
What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Related Book For
Essentials Of Corporate Finance
ISBN: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Posted Date: