Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The internal growth rate is where the external funds needed (EFN) is equal to 1, also where the required increase in assets is exactly equal

The internal growth rate is where the external funds needed (EFN) is equal to 1, also where the required increase in assets is exactly equal to the addition to retained earnings
image text in transcribed
The internal growth rate is where the external funds needed (EFN) is equal to 1. also where the required increase in assets is exactly equal to the addition to retained earnings The internal growth rate is where the external funds needed (EFN) is equal to 1. also where the required increase in assets is exactly equal to the addition to retained earnings

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions