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Pelistar Inc. recently reported $508,000 in net income. The corporation has $16 million in total assets and $8 in total equity. Its dividend payout ratio
Pelistar Inc. recently reported $508,000 in net income. The corporation has $16 million in total assets and $8 in total equity. Its dividend payout ratio is 48.5%. What is Pelistar's sustainable internal growth rate? |
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Correct Answer: | 3.27 |
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