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A firm has Assets of $100,000; Equity of $76,000 and Net Income of $19,000. They pay of dividend of $5,700. If these relationships remain constant,

A firm has Assets of $100,000; Equity of $76,000 and Net Income of $19,000. They pay of dividend of $5,700. If these relationships remain constant,

At whate rate can this firm grow usingonlyINTERNALLY-Generatedcash flow (they will not borrow, and will not issue new stock)?

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0 percent

13.30 percent

15.34 percent

17.50 percent

19.00 percent

21.21 percent

25.00 percent

30.00 percent

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