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Spurlock Inc. had a net income of $266,778 in its most recent fiscal year and total assets of $1833,400 at the end of the year. The company total debt ration is 35 percent and Spurlock retain 60 percent of its income every year. What is Spurlock's internal growth rate?

B) Using the above information what is Spurlock's capital intensity ratio if the company has net sales of $3,557,100? What does this rtio tell us?

Financial Management, Finance

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