Question
The profit margin for DePaul, Inc. is 15 percent, and the payout ratio is 40 percent. Last year sales were $2,000 and total assets were
The profit margin for DePaul, Inc. is 15 percent, and the payout ratio is 40 percent. Last year sales were $2,000 and total assets were $3,000. The total debt ratio is 65 percent. What is the internal growth rate for DePaul, Inc.?
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
