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%
Correct Answer:

Verified
Correct Answer:
Verified
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