Question: Got stuck in finding ROE. Help please. olen X https://lectures.mhhe.com/connex + ttps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchl Saved oblems i Jasmine Manufacturing wishes to maintain a sustainable growth rate of

Got stuck in finding ROE. Help please.

olen X https://lectures.mhhe.com/connex + ttps://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchl Saved oblems i Jasmine Manufacturing wishes to maintain a sustainable growth rate of 7 percent a year, a debt-equity ratio of .65, and a dividend payout ratio of 25 percent. The ratio of total assets to sales is constant at 1.25. What profit margin must the firm achieve? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Profit margin %

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