Multiple Choice
Suppose the firm retains 28% of earnings, while assets and costs maintain a constant percentage of sales. If the firm is producing at full capacity, what is the internal growth rate?
A) 1.9%
B) 4.8%
C) 10.1%
D) 13.5%
E) 17.3%
Correct Answer:

Verified
Correct Answer:
Verified
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