Question
please use a formula to answer the following question. What if firm with an asset base of $3 million recently added $150,000 to retained earnings
please use a formula to answer the following question. What if firm with an asset base of $3 million recently added $150,000 to retained earnings after a dividend payment of $100,000, then its internal growth rate is:
| 8.33% | ||
| 3.33% | ||
| 5.00% | ||
| 1.67% |
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
