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a. Deprey, Incorporated, had equity of $175,000 at the beginning of the year. At the end of the year, the company had total assets of
a. Deprey, Incorporated, had equity of $175,000 at the beginning of the year. At the end of the year, the company had total assets of $330,000. During the year, the company sold no new equity. Net Income for the year was $37,000 and dividends were $5,000. Calculate the Internal growth rate for the company. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the Internal growth rate using ROA b for beginning of period total assets. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Calculate the Internal growth rate using ROA b for end of period total assets. (DO not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. % a. Internal growth rate b. ROA b (using beginning of period assets) C. ROA X b (using end of period assets) 10.68% 9.64%
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