FIN 571/ Question - 53297

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  • Due on: Mon 31 Mar, 2014 (09:06pm)
  • Asked on: Mon 31 Mar, 2014
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External financing needed: Jockey Company has total assets worth $4,417,665. At year-end it will have net income of $2,771,342 and pay out 60 percent as dividends. If the firm wants no external financing, what is the growth rate it can support?

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