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Small City Industries is currently equity-financed, and has assets of $500,000. Its return on equity is 22%, and its plowback ratio is 50%.... a) If
Small City Industries is currently equity-financed, and has assets of $500,000. Its return on equity is 22%, and its plowback ratio is 50%.... a) If the firm intends to increase assets by 50%, how much external financing will it need?
Small City Industries is currently equity-financed, and has assets of $500,000. Its return on equity is 22%, and its plowback ratio is 50%.... b) If Small City increased its plowback ratio to 75%, by how much would Small City increase its internal growth rate?
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