Cambria, Inc., had equity of $164363 at the beginning of the year. At the end of the
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Cambria, Inc., had equity of $164363 at the beginning of the year. At the end of the year, the company had total assets of $353016. During the year the company sold no new equity. Net income for the year was $38326 and dividends were $9187.
What is the internal growth rate for the company? (in %)
(Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 4 decimal places. For example, 1.23456% should be entered as 1.2346)
Related Book For
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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