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points eBookHintPrintReferencesCheck my workCheck My Work button is now enabled 1 Item 6 Problem 3 - 1 1 Internal Growth Rate ( LG 3 -

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eBookHintPrintReferencesCheck my workCheck My Work button is now enabled1Item 6
Problem 3-11 Internal Growth Rate (LG3-6)
Last year, Lakeshas Lounge Furniture Corporation had an ROA of 7.0 percent and a dividend payout ratio of 28 percent.
What is the internal growth rate?

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