What is the firms earnings growth rate

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Reference no: EM132140344

Airfoil, Inc. announced yesterday that they earned $32,000,000 million this year. They also stated the firm's return on equity is 14% percent. Airfoil retains 75% percent of their earnings. What is the firms earnings growth rate?

Earnings $32,000,000

ROE 14%

Retention ratio  75%

Reference no: EM132140344

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