Income Statement Balance Sheet Current Sales $19,400 $ 11,800 Debt $16,000 assets Costs 13,200 Fixed assets 28,350 Equity 24,150 Taxable income$ 6,200 Total $ 40,150 Total $ 40,150 Taxes (22%) 1,364...

Income Statement<br>Balance Sheet<br>Current<br>Sales<br>$19,400<br>$ 11,800<br>Debt<br>$16,000<br>assets<br>Costs<br>13,200<br>Fixed assets 28,350 Equity<br>24,150<br>Taxable income$ 6,200<br>Total<br>$ 40,150<br>Total<br>$ 40,150<br>Taxes (22%)<br>1,364<br>Net income $ 4,836<br>Assets and costs are proportional to sales. Debt and equity are not. The company<br>maintains a constant 55 percent dividend payout ratio.<br>What is the internal growth rate?<br>

Extracted text: Income Statement Balance Sheet Current Sales $19,400 $ 11,800 Debt $16,000 assets Costs 13,200 Fixed assets 28,350 Equity 24,150 Taxable income$ 6,200 Total $ 40,150 Total $ 40,150 Taxes (22%) 1,364 Net income $ 4,836 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 55 percent dividend payout ratio. What is the internal growth rate?

Jun 04, 2022

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Income Statement Balance Sheet Current Sales $19,400 $ 11,800 Debt $16,000 assets Costs 13,200 Fixed assets 28,350 Equity 24,150 Taxable income$ 6,200 Total $ 40,150 Total $ 40,150 Taxes (22%) 1,364...

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