Question: Which one is false about IGR? IGR=(retained earnings/equity) *(equity/net assets) IGR=retained earnings/net assets IGR is the maximum growth rate a company can achieve. IGR=retention rate*ROE*equity/net

Which one is false about IGR?

IGR=(retained earnings/equity) *(equity/net assets)

IGR=retained earnings/net assets

IGR is the maximum growth rate a company can achieve.

IGR=retention rate*ROE*equity/net assets

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