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  1. business
  2. accounting
  3. profit margin = 9.7 % capital intensity ratio

Profit margin = 9.7 % Capital intensity ratio = ...

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Question

Accounting

Profit margin = 9.7 %
Capital intensity ratio = .58
Debt-equity ratio = .73
Net income = $ 108,000
Dividends = $ 44,500

Required:

Based on the above information, calculate the sustainable growth rate for Northern Lights Co. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).)

Sustainable growth rate %

Answer & Explanation Solved by verified expert
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