Good Foods has net income of $82,490, total equity of $518,700, and total assets of $1,089,500.The dividend payout ratio is .30.What is the internal growth rate?
A)2.32 percent
B)3.57 percent
C)5.60 percent
D)2.87 percent
E)4.94 percent

Question

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The Answer of Good Foods has net income of $82,490, total equity of $518,700, and total assets of $1,089,500.The dividend payout ratio is .30.What is the internal growth rate?
A)2.32 percent
B)3.57 percent
C)5.60 percent
D)2.87 percent
E)4.94 percent

Good Foods Has Net Income of $82,490, Total Equity of $518,700