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Business, 23.07.2020 15:01 VampireQueen01

Roy's Welding has annual sales of $96,700, a profit margin of 7.45 percent, and a payout ratio of 40 percent. The firm has $11,500 of debt and owners' equity of $31,200. What is the internal growth rate for this firm assuming the payout ratio remains constant?

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Roy's Welding has annual sales of $96,700, a profit margin of 7.45 percent, and a payout ratio of 40...
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