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Compute Simpson Inc's internal growth rate if the firm has an ROA of 15 percent and...

Compute Simpson Inc's internal growth rate if the firm has an ROA of 15 percent and a payout ratio of 23 percent.

Multiple Choice

  • 11.23%

  • 13.06%

  • 3.57%

  • 15.15%

  • 14.89%

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