Multiple Choice
The Soccer Shoppe has a return on assets of 9 percent, a return on equity of 11.3 percent, and a payout ratio of 22 percent. What is its internal growth rate?
A) 7.72 percent
B) 5.08 percent
C) 8.49 percent
D) 6.23 percent
E) 7.55 percent
Correct Answer:
Verified
Correct Answer:
Verified
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