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Here are the abbreviated financial statements for Planner's Peanuts: Assume the payout ratio is 5 0 % . a . Calculate the internal growth rate
Here are the abbreviated financial statements for Planner's Peanuts:
Assume the payout ratio is
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.
tablea Internal growth rate,
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