Lakeshas lounge furniture corporation had an roa of 56, Financial Management

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Lakeshas lounge furniture corporation had an roa of 56

Last year, Lakesha’s Lounge Furniture Corporation had an ROA of 5.6 percent and a dividend payout ratio of 35 percent.

What is the internal growth rate? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Internal growth rate %

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Financial Management: Lakeshas lounge furniture corporation had an roa of 56

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Financial Management: Lakeshas lounge furniture corporation had an roa of 56

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