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Airfoil, Inc. announced yesterday that they earned $38,000,000 million this year. They also stated the firm's return on equity is 13% percent. Airfoil retains 50%
Airfoil, Inc. announced yesterday that they earned $38,000,000 million this year. They also stated the firm's return on equity is 13% percent. Airfoil retains 50% percent of their earnings. What is the firms earnings growth rate? Earnings ROE Retention ratio $38,000,000 13% 50% 37.50% 62.50% 0 6.25% 25.00%
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