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Consider the following simplified financial statements for the Yoo Corporation. Assume there are no income taxes and the company pays out half of net income

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Consider the following simplified financial statements for the Yoo Corporation. Assume there are no income taxes and the company pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not. Prepare the pro forma statements and determine the external financing needed. If Stone Sour Co. has an ROA of 8 percent and a payout ratio of 30 percent, what is its internal nrnwth rate

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