You are given the following information for Zonama Inc. for the fiscal year ending December,...
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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 growth rate (IGR). Can the firm grow at 5 percent without raising funds externally?
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 growth rate (IGR). Can the firm grow at 5 percent without raising funds externally?
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