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4 The most recent financial statements for Bello Co. are shown here: $ 19,100 Current $ 11,740 Debt15,820 12,960 Fixed assets 27000 Equity22,920 $ 6140

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4 The most recent financial statements for Bello Co. are shown here: $ 19,100 Current $ 11,740 Debt15,820 12,960 Fixed assets 27000 Equity22,920 $ 6140 Total $38,740 Total $ 38,740 Sales incom (25%) 1.535 Net income $ 4,605 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 40 percent dividend payout ratio What is the internal growth rate? (Do not round intermediate calculations and enter ranswer as a percent rounded 2 decimal places, e.g. 32.16.) %

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