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    Financial Management Concepts and Applications
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    Exam 6: Projecting Financial Requirements and Managing Growth
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    Craftsman Inc
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Craftsman Inc

Question 50

Question 50

Multiple Choice

Craftsman Inc.,has a profit margin of 8%,an asset turnover ratio of 2.3,a leverage ratio of 1.50 and a retention ratio of .60.What is the firm's sustainable growth rate?


A) 3.13%
B) 8.70%
C) 16.56%
D) 46.00%

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