Multiple Choice
Fried Donuts has sales of $764,900, total assets of $687,300, total equity of $401,300, net income of $68,200, and dividends paid of $27,000.What is the internal growth rate?
A) 5.48 percent
B) 6.38 percent
C) 5.98 percent
D) 7.34 percent
E) 7.92 percent
Correct Answer:
Verified
Correct Answer:
Verified
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