Bunnybear3022 Bunnybear3022

21-03-2024
Business

contestada

Ruiz Events has net income of $3,450 and total equity of $8,600. The debt-equity ratio is 0.60 and the payout ratio is 30 percent. What is the internal growth rate?

a) 21.29%
b) 25.00%
c) 17.91%
d) 19.85%

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