17\ The sustainable growth rate will be equivalent to the internal growth rate when, and only when:\ 3\ Points\ Multiple Choice\

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\ a firm has no debt.\ a firm has a debt-equity ratio equal to 1.\ the retention ratio is equal to 1 .\ the plowback ratio is positive but less than 1.\ the growth rate is positive.

e sustainable growth rate will be equivalent to the internal growth rate when, and only when: Multiple Choice a firm has no debt. a firm has a debt-equity ratio equal to 1. the retention ratio is equal to 1. the plowback ratio is positive but less than 1. the growth rate is positive