Assume the following ratios are constant: Total asset turnover 2.65 Profit margin 5.7 % Equity multiplier 1.60
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Question:
Assume the following ratios are constant: |
Total asset turnover | 2.65 | ||
Profit margin | 5.7 | % | |
Equity multiplier | 1.60 | ||
Payout ratio | 70 | % | |
What is the sustainable growth rate? |
Related Book For
Essentials Of Corporate Finance
ISBN: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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