A firm wishes to maintain a growth rate of 4% per year, a debt-to-equity ratio of.26, and a dividend payout of 40%. If the profit margin is 10%, and next year's sales are projected at $500, what is the total asset projection?

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The Answer of A firm wishes to maintain a growth rate of 4% per year, a debt-to-equity ratio of.26, and a dividend payout of 40%. If the profit margin is 10%, and next year's sales are projected at $500, what is the total asset projection?

A Firm Wishes to Maintain a Growth Rate of 4