You have located the following information on Webb’s Heating & Air Conditioning: debt ratio is 54...

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 and round your final answer to 2 decimal places.)

Expert Solution

jeff jeffy answered 1 year ago

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