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Here are the abbreviated financial statements for Planner's Peanuts: Assume the payout ratio is 50%. a. Calculate the internal growth rate where no external debt
Here are the abbreviated financial statements for Planner's Peanuts: Assume the payout ratio is 50%. a. Calculate the internal growth rate where no external debt or equity is to be issued. Note: Do not round intermediate calculations. Enter your answer as a whole percent. b. Calculate the sustainable growth rate where the firm maintains a fixed debt ratio but issues no equity. Note: Do not round intermediate calculations. Enter your answer as a whole percent
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