Fried Donuts Has Sales of $764,900, Total Assets of $687,300

question 46

Multiple Choice

Fried Donuts has sales of $764,900, total assets of $687,300, total equity of $401,300, net income of $68,200, and dividends paid of $27,000.What is the internal growth rate?

• A)5.48 percent
• B)6.38 percent
• C)5.98 percent
• D)7.34 percent
• E)7.92 percent

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Definitions:

Ethical Problem

A situation or decision that presents a conflict between moral imperatives.

Organizational Change

The process through which a company or organization alters its structure, strategies, operational methods, technologies, or organizational culture to effect change.

Management Power

The capacity of managers to influence employees, allocate resources, or make decisions to achieve organizational objectives.

Refreezing

The stage in the Lewin's change model where new behaviors or norms are solidified into the organization’s culture after a change has been implemented.