The Dog House Has Net Income of $3,450 and Total

question 5

Multiple Choice

The Dog House has net income of $3,450 and total equity of $8,600. The debt-equity ratio is 0.60 and the payout ratio is 20 percent. What is the internal growth rate?

• A)14.47 percent
• B)17.78 percent
• C)25.09 percent
• D)29.40 percent
• E)33.33 percent

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Definitions:

Cohorts

A group of individuals having a statistical factor (such as age or class year) in common in a demographic study.

Vietnam War

A prolonged conflict (1955-1975) between Communist forces in North Vietnam and the government of South Vietnam, with significant involvement by the United States.

Social Security

A government program designed to provide financial assistance to the elderly, disabled, and survivors, funded by payroll taxes.

Cohorts

Groups of individuals sharing a common characteristic, typically used in studies to assess how certain variables affect certain populations over time.