DJ's has a total asset turnover rate of 1.13, an equity multiplier of 1.46, a profit margin of 5.28 percent, a retention ratio of .74, and total assets of $138,000.What is the sustainable growth rate?
A) 6.98 percent
B) 6.89 percent
C) 7.33 percent
D) 7.04 percent
E) 7.21 percent
Correct Answer:
Verified
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