question archive A firm wishes to maintain a growth rate of 13
A firm wishes to maintain a growth rate of 13
Subject:FinancePrice: Bought3
A firm wishes to maintain a growth rate of 13.0% and a dividend payout
ratio of 34%. The ratio of total assets to sales is constant at 0.60, and profit margin is 7.7%.
If the firm also wishes to maintain a constant debt-equity ratio, what must it be? (Do not round your intermediate calculations. Round your final answer to 2 decimal places.)
Debt-equity ratio
