can anyone help me figure this out? I don’t know how to figure out

can anyone help me figure this out? I don’t know how to figure out the calculation.
.(Measuring growth) If Pepperidge, Inc.’s return on equity is 16 percent and the management plans to retain 60 percent of earnings for investment purposes, what will be the firm’s growth rate?
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

The post can anyone help me figure this out? I don’t know how to figure out appeared first on Superb Professors.

"Order a Custom Paper on Similar Assignment! No Plagiarism! Enjoy 20% Discount"