Calculate the sustainable growth rate for webb

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You have located the following information on Webb’s Heating & Air Conditioning: debt ratio is 54 percent, capital intensity is 1.10 times, profit margin is 12.5 percent, and the dividend payout is 25 percent. Calculate the sustainable growth rate for Webb. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Reference no: EM131048288

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