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Best Buy reported the following numbers (in millions) for the years ending February 2011 and 2012. 2011 2012 Net income $ 1,277 Dividends 237 Total
Best Buy reported the following numbers (in millions) for the years ending February 2011 and 2012. |
2011 | 2012 | |||||||
Net income | $ | 1,277 | ||||||
Dividends | 237 | |||||||
Total assets | $ | 18,302 | 17,849 | |||||
Total equity | 6,302 | 6,602 | ||||||
|
Requirement 1: |
What are the internal and sustainable growth rates? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places (e.g., 32.16).) |
Internal growth rate | % | |
Sustainable growth rate | % | |
|
Requirement 2: |
What are the internal and sustainable growth rates using ROE |
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