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Deep Falls Timber Has Net Sales of $642,100,net Income of $50,800,dividends

Question 33

Multiple Choice

Deep Falls Timber has net sales of $642,100,net income of $50,800,dividends paid of $12,700,total assets of $658,000,and total equity of $444,400.What is the internal growth rate?


A) 5.83 percent
B) 6.24 percent
C) 6.15 percent
D) 5.18 percent
E) 7.70 percent

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