External financing needed: Jockey Company has total assets worth $4,417,665. At year-end it will…

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?

25.1%
32.9%
27.3%
30.3%

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now