Question: ( Measuring growth ) Waller White, Inc. ' s refum on equily is 1 4 percent and management has plans to retain 2 1 percent

(Measuring growth) Waller White, Inc.'s refum on equily is 14 percent and management has plans to retain 21 percent of earnings for invitrert in the company.
a. What will be the company's growth rate?
b. How would the growth rate change if management (i) increased retained earnings to 35 percent or (i) decreased reterifion to 15 percent?
a. The company's growth rate will be %.(Round to two decimal places.)
b.(i) if management increased relained eamings to 35%, the growth rate would be 15.(Round to two decimal places.)
b.(i) If management decreased retention to 15%, the growth rate would be 6.(Fround to two tociend ploces)
Time Remaining 00:16:56
( Measuring growth ) Waller White, Inc. ' s refum

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