Swan Supply Company has net income of $1,212,335, assets of $12,522,788, and retains 70 percent of its

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Swan Supply Company has net income of $1,212,335, assets of $12,522,788, and retains 70 percent of its income every year. What is the company’s internal growth rate?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:31 AM

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Swan Supply Company has net income of $1,212,335, assets of $12,522,788, and retains 70 percent of its

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Net income 1212335 Total assets 12522788 Plow bac...View the full answer

Fundamentals of corporate finance

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