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Internal Growth Rate Leash N Collar Reported a Profit Margin

Question 126

Multiple Choice

Internal Growth Rate Leash N Collar reported a profit margin of 8 percent,total asset turnover ratio of 1.5 times,debt-to-equity ratio of 0.75 times,net income of $400,000,and dividends paid to common stockholders of $200,000.The firm has no preferred stock outstanding.What is Leash N Collar's internal growth rate?


A) 5.2632 percent
B) 7.3333 percent
C) 8.6956 percent
D) 6.383 percent

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