Assume the following ratios are constant Total asset turnover 2 70 Profit margin 6 7 Equity multiplier 2 00 Payout ratio 22 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 ) ...

Assume the following ratios are constant: Total asset turnover 2.70 Profit margin 6.7 % Equity multiplier 2.00

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Assume the following ratios are constant:


Total asset turnover	2.70
Profit margin	6.7	%
Equity multiplier	2.00
Payout ratio	22	%

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.)

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Fundamentals of Financial Management

ISBN: 9780273713630

13th Revised edition

Authors: James van Horne, John Wachowicz

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Posted Date: Jul 08, 2021 07:45 AM

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Assume the following ratios are constant: Total asset turnover 2.70 Profit margin 6.7 % Equity multiplier 2.00

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Fundamentals of Financial Management

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