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Model Nursery has a profit margin of 8.3 percent and a dividend payout ratio of 42 percent. The firm has annual sales of $386.400, current
Model Nursery has a profit margin of 8.3 percent and a dividend payout ratio of 42 percent. The firm has annual sales of $386.400, current assets of $53,900 and net fixed assets of $391,500. No external equity financing is possible. What is the internal growth rate? 6.14% 4.02% 5.91% % 3.44% 4.36%
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