You ve collected the following information about Hendrix Guitars, Incorporated: Profit margin = 4 . 4 6
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Question:
Youve collected the following information about Hendrix Guitars, Incorporated:
Profit margin
Total asset turnover
Total debt ratio
Payout ratio
What is the sustainable growth rate for the company?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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