Pizza Piatta Has Net Income of $680 and Total Equity

question 43

Multiple Choice

Pizza Piatta has net income of $680 and total equity of $4,000. The debt-equity ratio is 1.0 and the payout ratio is 40 percent. What is the internal growth rate?

• A) 3.52%
• B) 5.37%
• C) 7.30%
• D) 9.64%
• E) 11.36%

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Definitions:

Slave Religion

The religious practices and beliefs developed by enslaved African Americans in the United States, combining elements of African, Christian, and other religious traditions.

African Traditions

The diverse cultural, religious, and social practices and beliefs that originated from the African continent and have been maintained or transformed through diaspora.

Christian Beliefs

Core principles and teachings of Christianity, based on the life and teachings of Jesus Christ and recorded in the Bible.

Gender Roles

Socially and culturally defined behaviors, tasks, and responsibilities expected of individuals based on their perceived sex or gender.