CORPORATE FINANCE--CONNECT ACCESS CARD
CORPORATE FINANCE--CONNECT ACCESS CARD
12th Edition
ISBN: 9781264331062
Author: Ross
Publisher: MCG CUSTOM
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Chapter 9, Problem 9QAP

Growth Rate The newspaper reported last week that Bennington Enterprises earned $ 17.5 million this year. The report also stated that the firm’s return on equity is 13 percent. The firm retains 80 percent of its earnings. What is the firm’s earnings growth rate? What will next year’s earnings be?

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CORPORATE FINANCE--CONNECT ACCESS CARD

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