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What was Acme Inc.'s internal growth rate (IGR) given the following return on equity (ROE), return on assets (ROA), and dividend payout ratio (DPR) information:

image text in transcribed What was Acme Inc.'s internal growth rate (IGR) given the following return on equity (ROE), return on assets (ROA), and dividend payout ratio (DPR) information: HINT: Use the following formulation of Internal Growth Rate (IGR): IGR =(ROARR)/(1ROARR) where RR is the retention ratio. Also,RR=1DPR. Express your answer in decimal format, e.g., enter 0.0123 to represent 1.23%

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