GHI Corporation is planning to grow 15% per year while maintaining a debt-equity ratio of 1.3 and dividend payout ratio of 35%. The ratio of total asset to sales is constant at .80. What profit margin must the company reach in order to be successful?

Answer rating: 100% (QA)

To determine the required profit margin for GHI Corporation to be successful well need to consider the given growth rate debtequity ratio dividend pay... View the full answer