Question: Question 6 3 pts (Chapter 3) You are given the following information for Zonama Inc. for the fiscal year ending December, 2018: Sales is $232.887
Question 6 3 pts (Chapter 3) You are given the following information for Zonama Inc. for the fiscal year ending December, 2018: Sales is $232.887 million, Net Income is $10,073 million, Total Assets is $162,648 million, Shareholders' equity is $143,549 million, and the firm pays out 30 percent of net income as dividends. Calculate the internal srowth.rate (IGR). Can the firm grow at 5 percent without raising funds externally? O 1.89 percent: No, because S percent Internal Growth Rate 453 percent: No, because 5 percent> Internal Growth Rate O 5.17 percent: Yes, because 5 percent
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