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The Top Shop has net income of $240 and total equity of $2,000. The debt-equity ratio is 1 and the plowback ratio is 40 percent.

The Top Shop has net income of $240 and total equity of $2,000. The debt-equity ratio is 1 and the plowback ratio is 40 percent. What is the internal growth rate?

2.46%The Top Shop has net income of $240 and total equity of $2,000. The debt-equity ratio is 1 and the plowback ratio is 40 percent. What is the internal growth rate?

2.46%

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