Internal Growth Rate Leash N Collar reported a profit margin of 8 percent,total asset turnover ratio of 1.5 times,debt-to-equity ratio of 0.75 times,net income of $400,000,and dividends paid to common stockholders of $200,000.The firm has no preferred stock outstanding.What is Leash N Collar's internal growth rate?
A)5.2632 percent
B)7.3333 percent
C)8.6956 percent
D)6.383 percent

Question

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The Answer of Internal Growth Rate Leash N Collar reported a profit margin of 8 percent,total asset turnover ratio of 1.5 times,debt-to-equity ratio of 0.75 times,net income of $400,000,and dividends paid to common stockholders of $200,000.The firm has no preferred stock outstanding.What is Leash N Collar's internal growth rate?
A)5.2632 percent
B)7.3333 percent
C)8.6956 percent
D)6.383 percent

Internal Growth Rate Leash N Collar Reported a Profit Margin