Problemdonegals industrial products wishes to maintain a, Ask an Expert

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Problem:

Donegal's Industrial Products wishes to maintain a growth rate of 6 percent a year, a debt-equity ratio of 0.45, and a dividend payout ratio of 30 percent. The ratio of total assets to sales is constant at 1.25.

Required:

Question: What profit margin must the firm achieve?

Note: Explain all calculation and formulas.

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Category:- Basic Finance
Reference No.:- M91148922

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