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Bio-Plasma Corporation is growing at 31% per year. It is all-equity-financed and has total assets of $2.7 million. Its return on equity is 22%. Its
Bio-Plasma Corporation is growing at 31% per year. It is all-equity-financed and has total assets of $2.7 million. Its return on equity is 22%. Its plowback ratio is 45%. What is the internal growth rate? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place. What is the firms need for external financing this year? Note: Enter your answer in dollars not in millions. By how much would
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