What profit margin must the firm achieve

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Question: Dante Co. wishes to maintain a growth rate of 11 percent a year, a debt-equity ratio of 1.3, and a dividend payout ratio of 35 percent. The ratio of total assets to sales is constant at .85. What profit margin must the firm achieve? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131965291

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