The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet .95,400 Current Sales $35,500 Debt $ 46,200 assets 68,250 Costs Fixed assets 95,300...

Extracted text: The most recent financial statements for Minnie's Manufacturing Co. are shown below: Income Statement Balance Sheet .95,400 Current Sales $35,500 Debt $ 46,200 assets 68,250 Costs Fixed assets 95,300 Equity 84,600 130,800 Taxable income $27,150 Total 2$ Total $130,800 Тax 6,245 Net Income $20,905 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external financing is possible. What is the internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal growth rate %