Multiple Choice
The Top Shop has net income of $648 and total equity of $6,600.The debt-equity ratio is 0.6 and the plowback ratio is 55 percent.What is the internal growth rate?
A) 3.49%
B) 3.87%
C) 4.92%
D) 5.88%
E) 4.33%
Correct Answer:
Verified
Correct Answer:
Verified
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