Question: Valentino's maintains a constant debt-equity ratio of 0.55. The firm had net income of $12,800 for the year and paid $10,500 in dividends. The

Valentino's maintains a constant debt-equity ratio of 0.55. The firm had net

Valentino's maintains a constant debt-equity ratio of 0.55. The firm had net income of $12,800 for the year and paid $10,500 in dividends. The firm has total assets of $102,000. What is the sustainable growth rate?

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