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What is green company internal growth rate

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Question - At the beginning of last year, Green Company's balance sheet recorded $750,000 of equity and $250,000 of funded debt. The company's net income for the year was $60,000 and it it paid out $18,000 as a dividend. During the year Yellow Company added $14,000 of funded debt to its balance sheet. What is Green Company's internal growth rate?

Reference no: EM133030297

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