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IZAX, Co. has the following items on its balance sheet. Assets Cash PPE Liabilities and Equity $53,600 Debt $352,600 Equity $97,200 $309,000 its net income
IZAX, Co. has the following items on its balance sheet. Assets Cash PPE Liabilities and Equity $53,600 Debt $352,600 Equity $97,200 $309,000 its net income this year is $19,800, and it pays dividends of $5,100. If it grows at its internal growth rate, what will its D/E ratio be next year? The internal growth rate is %. (Round to two decimal places.) The ending total asset will be $ _ (Round to nearest dollar) The debt/equity ratio will be_ (Round to three decimal places)
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