Mccormac co wishes to maintain a growth rate of 8 percent a


McCormac Co. wishes to maintain a growth rate of 8 percent a year, a debt-equity ratio of 0.51, and a dividend payout ratio of 56 percent. The ratio of total assets to sales is constant at 1.23.

What is the profit margin?

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Financial Management: Mccormac co wishes to maintain a growth rate of 8 percent a
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