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Drake's Wireless Has a 10% Return on Assets and a 60

Question 183

Multiple Choice

Drake's Wireless has a 10% return on assets and a 60 percent retention ratio. What is the internal growth rate?

A) 4.00 %
B) 4.17 %
C) 4.26 %
D) 6.25%
E) 6.38 %

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