Global Innovations Ltd. has a 7.5% profit margin and a 35% dividend payout ratio. The company has a total asset turnover of 1.4 and an equity multiplier of 1.8. What is the sustainable growth rate?

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What is the sustainable growth rate? General accounting

Global Innovations Ltd. has a 7.5% profit margin and a 35%
dividend payout ratio. The company has a total asset turnover
of 1.4 and an equity multiplier of 1.8.
What is the sustainable growth rate?
Transcribed Image Text:Global Innovations Ltd. has a 7.5% profit margin and a 35% dividend payout ratio. The company has a total asset turnover of 1.4 and an equity multiplier of 1.8. What is the sustainable growth rate?
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