The green giant has a 6 profit margin and a 51 dividend, Financial Management

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The green giant has a 6 profit margin and a 51 dividend

The Green Giant has a 6% profit margin and a 51% dividend payout ratio. The total asset turnover is 1.9 and the equity multiplier is 2.4. What is the sustainable rate of growth? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations)

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Financial Management: The green giant has a 6 profit margin and a 51 dividend

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