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Square has a net income of 66,000, total asset of 500,000 and total equity of 250,000. If the gross profit margin is 20% and plowback
Square has a net income of 66,000, total asset of 500,000 and total equity of 250,000. If the gross profit margin is 20% and plowback ratio is 1/3, what will be the internal growth rate and sustainable growth rate for Square? (Kindly note that you must show detailed calculation process. Without a detailed calculation process marks will be deducted. Excel calculation will be ignored.)
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