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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?
