What is sustainable growth rate

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Reference no: EM131556120

Assuming the following ratios are constant, what is the sustainable growth rate?

Total asset turnover - 1.70

Profit margin - 8.1%

Equity multiplier - 1.82

Payout ratio = 42%

MULTIPLE CHOICE

A) 11.76%

B) 17.01%

C) 33.44%

Reference no: EM131556120

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