Fairlane Company has an ROA of 8 . 6 percent and a payout ratio of 3 3

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Fairlane Company has an ROA of $8.6$ percent and a payout ratio of $33$ percent. What is its internal growth rate? Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e $.$ g $., 32.16 .$

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Posted Date: Mar 19, 2024 05:30 AM

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Fairlane Company has an ROA of 8 . 6 percent and a payout ratio of 3 3

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We can calculate the internal growth rate IGS using the following formula IGS ROA 1 Payo... View the full answer

Fundamentals Of Corporate Finance

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