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2 . Sandwiches Inc. has net income of $ 2 , 2 5 0 . 0 0 and total equity of $ 1 2 ,

2.Sandwiches Inc. has net income of $2,250.00 and total equity of $12,900.00. The debt-equity ratio is 0.75 and the payout ratio is 40 percent. What is the internal growth rate?a)6.36%b)4.15%c)11.69%d)7.50%e)11.07%

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