Abacus co wishes to maintain a growth rate of 9 percent a


Question: Abacus Co. wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.5 and a dividend payout ratio of 30 percent. The ratio of total assets to sales is constant at 1. 4 if firm plan to keep it's finance the same. What profit margin must the firm achieve?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Abacus co wishes to maintain a growth rate of 9 percent a
Reference No:- TGS02725954

Expected delivery within 24 Hours