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Martin's Lumber Has a Profit Margin of 7 Percent and a Dividend

Question 57

Multiple Choice

Martin's Lumber has a profit margin of 7 percent and a dividend payout ratio of 30 percent.The total asset turnover is 0.90,and the debt-equity ratio is 0.45.What is the sustainable rate of growth?


A) 6) 33%
B) 6) 83%
C) 6) 67%
D) 6) 90%
E) 6) 99%

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