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For the most recent fiscal year, the Hammock Companys total assets were $850 and net income was equal to $97. Of the $97 net income,
For the most recent fiscal year, the Hammock Companys total assets were $850 and net income was equal to $97. Of the $97 net income, $44 was retained. What is the internal growth rate for the Hammock Company? Multiple Choice 3.46% 5.46% 6.46% 8.12% 9.12%
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