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Jasmine Company - profit margin - 24 Oct, 2019

Jasmine Manufacturing wishes to maintain a sustainable growth rate of 8.5 percent a year, a debt-equity ratio of .53, and a dividend payout ratio of 26 percent. The ratio of total assets to sales is constant at 1.22.

What profit margin must the firm achieve in order to meet its growth rate goal?



Category : Financial Management

Search Keywords :
Jasmine , Sustainable , Growth , Goal , Profit , Margin 


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Answer  - 24 Oct, 2019
Please see the excel attachment....


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