Question
1. Plowback Ratio = 70% Net Income = $ 1 million Net Assets = $3.4 million Net Liabilities = $2.3 million What is the Internal
1. Plowback Ratio = 70%
Net Income = $ 1 million
Net Assets = $3.4 million
Net Liabilities = $2.3 million
What is the Internal Growth Rate? (Round to two decimal points; 2.5 points)
e.g., 12.34% = 12.34
2. Plowback Ratio = 70%
Net Income = $ 1 million
Net Assets = $3.4 million
Net Liabilities = $2.3 million
What is the Sustainable Growth Rate of the Business? (Round to two decimal points; 2.5 points)
e.g., 12.34% = 12.34
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
