Ask Experts Questions for FREE Help !
Ask
    macmahonj's Avatar
    macmahonj Posts: 1, Reputation: 1
    New Member
     
    #1

    May 15, 2015, 11:45 AM
    Calculate Internal Growth Rate
    I have been trying but cannot get the correct answer:
    Bio-Plasma Corp. is growing at 26% per year. It is all-equity-financed and has total assets of $2.4 million. Its return on equity is 18%. Its plowback ratio is 42%.

    I have come up with 10.44 and 13.32 and both are wrong. Could someone give me the correct formula using these numbers?

Check out some similar questions!

Internal growth rate [ 0 Answers ]

If the ROA and payout ratio are given how do you solve for internal growth rate

What is the internal growth rate? [ 0 Answers ]

Katelyn's Kites has net income of $240 and total equity of $2,000. The debt-equity ratio is 1.0 and the Plowback ratio is 40 percent. What is the internal growth rate? a. 2.46 percent b. 3.00 percent c. 4.92 percent d. 5.88 percent e. 6.00 percent

Calculate the international growth rate & sustainable growth rate? [ 1 Answers ]

S&S Air INC. 2006 income statement $ Sales: 21,785,300 Cost of goods sold: ...


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.