Question
A company has $2 million in net income, of which it pays $500,000 in dividends. At the beginning of the financial year it had $3
A company has $2 million in net income, of which it pays $500,000 in dividends. At the beginning of the financial year it had $3 million in assets; at the end of the year it had $5 million in total assets. What is the company's internal growth rate?
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
