Question: Problem 4 - 1 2 Internal Growth [ LO 3 ] Fairlane Company. has an ROA of 9 percent and a payout ratio of 3

Problem 4-12 Internal Growth [LO3]
Fairlane Company. has an ROA of 9 percent and a payout ratio of 30 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.)
Internal growth rate
Problem 4-12 Internal Growth [LO3] Fairlane Company. has an ROA of

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