Assume the following ratios are constant total asset


Assume the following ratios are constant. Total asset turnover = 2.30 Profit margin = 5.8 % Equity multiplier = 1.77 Payout ratio = 35 % Required: 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 %

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Financial Management: Assume the following ratios are constant total asset
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