DJ's Has a Total Asset Turnover Rate of 1

question 65

Multiple Choice

DJ's has a total asset turnover rate of 1.13, an equity multiplier of 1.46, a profit margin of 5.28 percent, a retention ratio of .74, and total assets of $138,000.What is the sustainable growth rate?

• A)6.98 percent
• B)6.89 percent
• C)7.33 percent
• D)7.04 percent
• E)7.21 percent