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:
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