Calculate the sustainable growth rate

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You are given the following information for Goods, Inc.: Profit margin 5.9 % Total asset turnover 1.7 Total debt ratio 0.40 Payout ratio 30 % Calculate the sustainable growth rate. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Sustainable growth rate is ?%

Reference no: EM131185409

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