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QUESTION

Based on the following information, calculate the sustainable growth rate for Sully, Inc. Profit margin = 5.2% Total asset turnover = 1.90 Total debt...

Based on the following information, calculate the

sustainable growth rate for Sully, Inc.:

Profit margin = 5.2%

Total asset turnover = 1.90

Total debt ratio = .30

Payout ratio = 15%

What is the ROA here?

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