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Business, 10.03.2020 22:25 yoongnzl

Southern Lights Co. reported the following:Profit margin = 8.4 % Capital intensity ratio =0.45Debt-equity ratio = 0.60Net income = $95,000Dividends = $ 40,000Based on the above information, calculate the sustainable growth rate for Southern Lights Co. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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Southern Lights Co. reported the following:Profit margin = 8.4 % Capital intensity ratio =0.45Debt-e...
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