IZAX, Co. has the following items on its balance sheet. Its net income this year is $20,000 and it pays dividends of $5000. If it grows at its internal growth rate, what will its D/E ratio be next year?

IZAX, Co. has the following items on its balance sheet. Its net income this year is $20,000 and it pays dividends of $5000. If it grows at its internal growth rate, what will its D/E ratio be next year?

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