Question: not on excel please Boyd Crowder's Chowder. Inc. desires a sustainable growth rate of 24.3 percent while maintaining a 32 percent retention ratio and a
Boyd Crowder's Chowder. Inc. desires a sustainable growth rate of 24.3 percent while maintaining a 32 percent retention ratio and a 14.3 percent profit margin. The company has a capital intensity ratio of 1.39 . What equity multiplier is required to achieve the company's desired rate of growth
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