Multiple Choice
The General Store has a 3% profit margin and a 20 percent dividend payout ratio. The total asset turnover is 1.80 and the debt-equity ratio is.40. What is the sustainable rate of growth?
A) 1.53%
B) 1.76 %
C) 3.38 %
D) 6.44%
E) 7.56 %
Correct Answer:
Verified
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