Calculate the sustainable growth rate for


You have located the following information on Webb’s Heating & Air Conditioning: debt ratio is 57 percent, capital intensity is 1.10 times, profit margin is 12.8 percent, and the dividend payout is 28.00 percent.

Calculate the sustainable growth rate for Webb. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Sustainable growth rate %

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Financial Management: Calculate the sustainable growth rate for
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