Evaluate what profit margin must the firm achieve

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Question: Abacus Co. wishes to maintain a growth rate of 9 percent a year, a debt-equity ratio of 0.5 and a dividend payout ratio of 30 percent. The ratio of total assets to sales is constant at 1. 4 if firm plan to keep it's finance the same. What profit margin must the firm achieve?

Reference no: EM131930479

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