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Question 1 7 Damell Electric has sales of $ 1 7 3 , 0 0 0 , total assets of $ 1 6 0 ,

Question 17
Damell Electric has sales of $173,000, total assets of $160,000, net income of $15,000, and dividends paid of $3,000. What is the internal growth rate?
7.45 percent
8.11 percent
1.91 percent
1.76 percent
8.67 percent
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