Internal growth rate leash

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Reference no: EM131308003

Internal Growth Rate Leash N Collar reported a profit margin of 9.5%, total asset turnover ratio of 3 times, debt-to-equity ratio of 0.9 times, net income of $550,000, and dividends paid to common stockholders of $350,000. The firm has no preferred stock outstanding. What is Leash N Collar's internal growth rate? (Do not round intermediate steps.)

9.5263%

10.4972%

11.5619%

2.5088%

Reference no: EM131308003

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