IZAX, Co. has the following items on its balance sheet. Liabilities and Equity $47,700 Debt $98,700...

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IZAX, Co. has the following items on its balance sheet. Liabilities and Equity $47,700 Debt $98,700 $302,400 $353,400 Equity Its net income this year is $20,400, and it pays dividends of $5,500. If it grows at its internal growth rate, what will its D/E ratio be next year? Assets Cash PPE IZAX, Co. has the following items on its balance sheet. Liabilities and Equity $47,700 Debt $98,700 $302,400 $353,400 Equity Its net income this year is $20,400, and it pays dividends of $5,500. If it grows at its internal growth rate, what will its D/E ratio be next year? Assets Cash PPE

Answer rating: 100% (QA)

To find the DebttoEquity DE ratio next year using the internal growth rate lets first determine the ... View the full answer