Johnson's Jewelry has net income of $360 and total equity of $3,000. If the debt-equity ratio is 0.5 and the plowback ratio is 50%, calculate the internal growth rate.
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![Johnson's Jewelry has net income of $360 and total equity of $3,000.
If the debt-equity ratio is 0.5 and the plowback ratio is 50%,
calculate the internal growth rate.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F686c781f-46d6-4fdd-acdf-a6f2bbe0d105%2F4266e61a-a220-4616-97c7-bc08b648c155%2Famjco0b_processed.jpeg&w=3840&q=75)
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- Using the DuPont method, evaluate the effects of the following relationships for the Butters Corporation. A.Butters Corporation has a profit margin of 5.5 percent and its return on assets (investment) is 8.75 percent. What is its assets turnover? Round your answer to 2 decimal places. ______ times B.If the Butters Corporation has a debt-to-total-assets ratio of 65.00 percent, what would the firm’s return on equity be? Note: Input your answer as a percent rounded to 2 decimal places. C.What would happen to return on equity if the debt-to-total-assets ratio decreased to 60.00 percent? Input your answer as a percent rounded to 2 decimal places.White Waters, Inc., has sales of $34 million, total assets of $48 million, and total debt of $11 million with a 6% average interest rate. If the profit margin is 13 percent, the ROA is ______ %. Round it to two decimal places.Want the Correct answer of what
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