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Dizzy Dean Corp has total assets of $20,000,000

by | Dec 1, 2023 | Posted Questions

Dizzy Dean Corp has total assets of $20,000,000; total equity of $5,000,000; net income of $1,500,000 and added to retained earnings $750,000. What are the Internal Growth rate and the Sustainable growth rates for Dizzy Dean?

A. 10%; 15%

B. 7.5%; 15%

C. 8.1%; 42.9%

D. 8.5%; 33%

E. Cannot compute with this information

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