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(Measuring growth) Thomas, Inc.'s return on equity is 13 percent and management has plans to retain 24 percent of earnings for investment in the company

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(Measuring growth) Thomas, Inc.'s return on equity is 13 percent and management has plans to retain 24 percent of earnings for investment in the company a. What will be the company's growth rato? b. How would the growth rate change management) increased retained earnings to 33 percent or (W) decreased retention to 13 percent? a. The company's growth rate will be % (Round to two decimal places)

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