Assume the following ratios are constant. Total asset turnover = 2.20 Profit margin = 4.8% Equity multiplier = 1.67 Payo
Posted: Fri Mar 04, 2022 9:38 am
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 %