Question: Socal Engineering has a 9% profit margin and a 0.6 dividend payout ratio. The total asset turnover is 1.20 and the equity multiplier is 2.0.
Socal Engineering has a 9% profit margin and a 0.6 dividend payout ratio. The total asset turnover is 1.20 and the equity multiplier is 2.0. What is the sustainable growth rate?
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