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QUESTION
Stop and Go has a 4 percent profit margin and a 40 percent dividend payout ratio. The total asset turnover is 1.60 and the debt-equity ratio is .60.
Stop and Go has a 4 percent profit margin and a 40 percent dividend payout ratio. The total asset turnover is 1.60 and the debt-equity ratio is .60. What is the sustainable rate of growth?
6.55 percent
5.37 percent
7.30 percent
3.64 percent
5.79 percent
