Attempts Score / 2 7. Internal Growth Rate Waltham Watches has a net income (NI) of $100 Million. Its total assets (TA) are $800 Million. Of the $100 Million, half, or $50 Million are retained (i.e. retained earnings are $50 Million). Based on this information, what is the internal growth rate of Waltham Watches (in %, to two decimal places)? % Attempts Score / 2 8. Sustainable Growth Rate Waltham Watches, Inc. has a net income (NI) of $100 Million and it retains $50 Million of those earnings. Waltham's total equity is $400 Million and it has $800 Million of assets. What is the maximum rate at which Waltham can grow assuming it does not want to raise any additional equity financing? %