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Internal Growth Rate Leash N Collar reported a profit margin of 8.4%, total asset turnover

Internal Growth Rate Leash N Collar reported a profit margin of 8.4%, total asset turnover

Internal Growth Rate Leash N Collar reported a profit margin of 8.4%, total asset turnover ratio of 1.9 times, debt-to-equity ratio of 0.79 times, net income of $440,000, and dividends paid to common stockholders of $240,000. The firm has no preferred stock outstanding. What is Leash N Collar's internal growth rate? (Do not round intermediate steps.) 5.2657%

10.9048%

7.822%

9.1703%

Abhinav 04-Dec-2019

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