What is growth rate if the average tax rate increases

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Reference no: EM132030786

Financial information for Cam Stalwart is as follows: Assets=$620,000 Liabilities=360,000 Return to Assets =68,200 Interest Expense =27,000 Income Taxes =10,300 Consumption withdrawals =25,000; What is his rate of growth of equity capital for this scenario? What is the growth rate if the average tax rate increases to 35% but all else holds constant?

Reference no: EM132030786

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