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Finance 18 Online
OpenStudy (anonymous):

what to take reinvestment rate to be multiple as when revenue and operating margins are changing for a cyclical firm and projection needs to come to normal level for first 3 years then high growth for 3 years then stable.how would that affect the debt ratio. provided if debt to capital ratio is still high and should not be more..infact the company is reducing debt by selling non-core assets.

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