The most recent financial statements for Benatar Co.are shown here: Assets and costs are proportional to sales.Debt and equity are not.The company maintains a constant 40 percent dividend payout ratio.No external equity financing is possible.What is the internal growth rate?
A)2.91 percent
B)3.44 percent
C)3.87 percent
D)4.02 percent
E)4.14 percent

Question

The most recent financial statements for Benatar Co.are shown here:  Assets and costs are proportional to sales.Debt and equity are not.The company maintains a constant 40 percent dividend payout ratio.No external equity financing is possible.What is the internal growth rate?
A)2.91 percent 
B)3.44 percent 
C)3.87 percent 
D)4.02 percent 
E)4.14 percent

Quizplus · Accepted Answer

The Answer of The most recent financial statements for Benatar Co.are shown here:  Assets and costs are proportional to sales.Debt and equity are not.The company maintains a constant 40 percent dividend payout ratio.No external equity financing is possible.What is the internal growth rate?
A)2.91 percent 
B)3.44 percent 
C)3.87 percent 
D)4.02 percent 
E)4.14 percent

The Most Recent Financial Statements for Benatar Co