Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if a firm pays out 30% of its earnings as dividend

If a firm pays out 30% of its earnings as dividends and has averaged a...

80.2K

Verified Solution

Question

Accounting

If a firm pays out 30% of its earnings as dividends and has averaged a 20 percent return on assets, how quickly can the firm grow without needing to secure outside funding sources?

a. 6.4%.

b. 10.2%.

c. 16.3%.

d. 20.0%.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2 Two buildings are 100 feet apart The taller building is 100 feet and casts...

Geometry
Q

You enter into a 3-year fixed-for-fixed currency swap, such that the cash-flow stream you are paying...

Finance
Q

A particle moves along a line with velocity function ?(?) = ?^2 − ?, where v...

Basic Math
Q

A mixture of oxygen and nitrogen gases is maintained in a 7.17 L flask at a pressure...

Chemistry
Q

1) Although many symbols as physical objects, they belong to material culture, they also convey ……………………………………………………………… meanings. Select...

Psychology
Q

Eight students (Anna, Brian, Carol, ...) are to be seated around a circular table with eight...

Advance Math
Q

Suppose that f(4) = 3, g(4) = 4, f'(4) = -5, and g'(4) = 2....

Basic Math
Q

Translate the following verbal statement into an algebraic equation and then solve Use for your...

Statistics
Q

The accompanying data provide the number of emails received by a university teacher in a...

Statistics
Q

3 Suppose that a dart lands at random on the dartboard shown below Find each...

Algebra
Q

What is the compound interest and the APY ? ...

Finance
Q

A firm recently paid a $0.85 annual dividend. The dividend is expected to increase by...

Finance