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lilrese8096 lilrese8096
  • 30-05-2024
  • Business
Answered

Lester's has a return on equity of 14.8 percent, a profit margin of 8.2 percent, and a payout ratio of 38 percent. What is the firm's growth rate?
a) 6.48%
b) 7.14%
c) 7.85%
d) 8.70%

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