Internal growth rath of joes cookie company
Question: Joes Cookies Company has total assets of $1,200, total equity of $900 and ROA of 15% and a dividend payout ratio of 40%. What is the internal growth rath of Joes Cookie Company?A-6.0%B-7.8%C-9.9%D-11.2%E-20.0%
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Total equity of $900 and ROA of 15% and a dividend payout ratio of 40%. What is the internal growth rath of Joes Cookie Company?
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