As CFO of FINC LLC, you forecast companys growth for the year 2018:

Sales, all income statement items and Assets will grow by the same percentage;

The firm will grow in 2018 with internally generated capital ONLY, without taking on any additional external financing, neither debt nor equity;

No dividend payout is expected in 2018.

1) Find this Internal Growth Rate.

2) Use this growth rate to complete 2018 financial statements. Ensure the numbers add up.

FINC LLC
Financial Statements
Income Statement				Balance Sheet
	2017		Projected 2018		2017 End		2018 End projected		2017 End		2018 End projected
Sales	$1,000			Assets	$2,520			Debt	$1,200
Costs	850
Taxable income	150							Equity	$1,320
Taxes (20%)	30
Net income	$120			Total	$2,520			Total	$2,520