L.A. County supervisors agree to boost minimum wage to $15 an hour by 2020. Hilda Solis. Marcus Yam / Los Angeles Times. L.A. County supervisor Hilda Solis leads a rally by labor groups to raise the minimum wage to $15 by 2020 in Los Angeles on July 21. (Marcus Yam / Los Angeles Times).
The Company's internal growth rates represent the weighted average, year-over-year growth rates of revenues excluding the effects of foreign currency rate fluctuations and acquisitions.
The retention ratio is : b = 1 â 0.25 b = 0.75 Using the internal growth rate equation to find the ROA , we get : Internal growth rate = ( ROA Ã b ) / [ 1 â ( ROA Ã b ) ] 0.075 = [ ROA ( 0.75 ) ] / [ 1 â ROA ( 0.75 ) ] ROA = 0.0930 , or 9.30 % Plugging ROA and PM into the equation we began with and solving for TAT , we get : ROA = ( PM ) ( TAT ) ...