Solved

The Veggie Hut Has Net Income of $26,400,total Equity of $102,700,and

Question 12

Multiple Choice

The Veggie Hut has net income of $26,400,total equity of $102,700,and total assets of $189,500.The dividend payout ratio is 0.30.What is the internal growth rate?


A) 7.99 percent
B) 8.57 percent
C) 10.81 percent
D) 16.87 percent
E) 21.94 percent

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions