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What is the internal growth rate? The company pays out 40% of net income as dividends. Income statement ($ million) Balance sheet ($ million) Sales
What is the internal growth rate?
The company pays out 40% of net income as dividends.
| Income statement ($ million) | Balance sheet ($ million) | ||||||
|---|---|---|---|---|---|---|---|
| Sales | 17 | Current assets | 12.8 | Debt | 19.2 | ||
| Costs | 13.6 | Fixed assets | 51.2 | Equity | 44.8 | ||
| Net income | 3.4 | Total assets | 64 | Total | 64 |
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The internal growth rate is the maximum rate at which a company can grow without ...
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
6th Edition
978-0073405131, 9780073405131
