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Ramble On Co. wishes to maintain a growth rate of 11.2 percent per year, a...

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Accounting

Ramble On Co. wishes to maintain a growth rate of 11.2 percent per year, a debt-equity ratio of 1.4, and a dividend payout ratio of 40 percent. The ratio of total assets to sales is constant at .86.

What profit margin must the firm achieve?

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