IZAX, Co. had the following items on its balance sheet at the beginning of the year:Its net
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IZAX, Co. had the following items on its balance sheet at the beginning of the year:Its net income this year is $19,600 and it pays dividends of $5100. If its assets grew at its internal growth rate, what is its new D/E ratio?
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Cash PPE Assets 48,100 354,200 Liabilities and Equity 95,000 307,300 Debt Equity
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781292437156
5th Global Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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