Assume the following ratios are constant. Total asset turnover = 2.20 Profit margin = 4.8% Equity multiplier = 1.67 Payo

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Assume The Following Ratios Are Constant Total Asset Turnover 2 20 Profit Margin 4 8 Equity Multiplier 1 67 Payo 1 (43.34 KiB) Viewed 56 times

Assume the following ratios are constant. Total asset turnover = 2.20 Profit margin = 4.8% Equity multiplier = 1.67 Payout ratio 45% What is the ROE? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) ROE % What is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate %