In the long run, companies can finance internal growth at the same rate as their return on equity. Faster growth has to be financed by taking on debt or selling more stock. Ultimately, ROE determines growth rates. – Michael Murphy
A personal finance and investing blog
In the long run, companies can finance internal growth at the same rate as their return on equity. Faster growth has to be financed by taking on debt or selling more stock. Ultimately, ROE determines growth rates. – Michael Murphy