Assume that the following ratios are constant. Total asset turnover1.25 Profit margin6.3% Equity multiplier1.9 Payout ratio63% Required:What is the maximum growth rate for this firm if it keeps the debt-equity ratio constant and avoids issuing any new shares of stock? (Do not round your intermediate calculations.)

Assume that the following ratios are constant. Total asset turnover1.25 Profit margin6.3% Equity multiplier1.9 Payout ratio63% Required:What is the maximum growth rate for this firm if it keeps the debt-equity ratio constant and avoids issuing any new shares of stock? (Do not round your intermediate calculations.)

Assume that the following ratios are constant. Total asset turnover1.25 Profit margin6.3% Equity multiplier1.9 Payout ratio63% Required:What is the maximum growth rate for this firm if it keeps the debt-equity ratio constant and avoids issuing any new shares of stock? (Do not round your intermediate calculations.)