Question: Problem 4-12 Internal Growth [LO3] A7X Co. has an ROA of 11 percent and a payout ratio of 22 percent. What is its internal growth
Problem 4-12 Internal Growth [LO3]
A7X Co. has an ROA of 11 percent and a payout ratio of 22 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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