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Internal growth rate= (retained earning ratio x net income) / asset

as we know that equity to debt ratio is 60%, thus, asset=2.67xequity (since asset= equity+ debt)

ROE=20%, which makes Net...

Internal growth rate= (retained earning ratio x net income) / asset

as we know that equity to debt ratio is 60%, thus, asset=2.67xequity (since asset= debt+ liability.)

ROE=20%, which makes Net...