What is the internal growth rate

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Question: Plowback Ratio = 70%

Net Income = $ 1 million

Net Assets = $3.4 million

Net Liabilities = $2.3 million

What is the Internal Growth Rate and What is the Sustainable Growth Rate of the Business? Write out the steps of your calculation in the text box. (1.5 points each for getting the correct IRR and SGR, and 2 points for the steps)

Reference no: EM133360347

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