Pharoah Textile Mills management has reported the following financial information for the year ended September...
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Finance
Pharoah Textile Mills management has reported the following financial information for the year ended September 30,2017 . The company generated a net income of $953,700 on a net profit margin of 8,0 percent. It has a dividend payout ratio of 50 percent, a capital intensity ratio of 56 percent, and a debt ratio of 38 percent. What is the internal growth rate of Pharoah Textile Mills? (Round intermediate calculation and final answer to 1 decimal place, es. 5.2\%.) Internal growthrate of
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