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Calculate the Sustainable Growth Rate for a Firm with a Profit

Question 104

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Calculate the sustainable growth rate for a firm with a profit margin of 8%, an asset turnover of 1.25, a total debt ratio of 45%, and a plowback ratio of 65%. Assuming that the ROE remains constant, how large can the sustainable growth rate become?

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SG = 0.65 × {0.08 × 1.25 × [1/(1 - 0.45)...

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