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9 The dividend ratio is 0.40 . Calculate a. The internal growth rate for 2023 . Use 4 decimal places in your calculations. Assume that
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The dividend ratio is 0.40 . Calculate a. The internal growth rate for 2023 . Use 4 decimal places in your calculations. Assume that Return on Assets is 2.50% (not the actual number). b. Long-term debt for 2024 assuming the company grows using the internal growth rate. INCOME STATEMENT The dividend ratio is 0.40 . Calculate a. The internal growth rate for 2023 . Use 4 decimal places in your calculations. Assume that Return on Assets is 2.50% (not the actual number). b. Long-term debt for 2024 assuming the company grows using the internal growth rate. INCOME STATEMENT Step by Step Solution
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