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3. Omega Corp. has a policy of raising money only through internal funds. The sales revenue is $659,920; profit margin ratio is 12.5 percent;
3. Omega Corp. has a policy of raising money only through internal funds. The sales revenue is $659,920; profit margin ratio is 12.5 percent; Total of current liabilities and long-term debt is $$570,800; Total equity is $518,700; and the retention ratio is given as 70 percent. Calculate the Internal Growth Rate
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
