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calculate Next Day Hardware's 2021 internal growth rate (IGR). Remember to round any supporting calculations as well as the final answer to 3 decimals.
calculate Next Day Hardware's 2021 internal growth rate (IGR). Remember to round any supporting calculations as well as the final answer to 3 decimals. Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Net Plant & Equipment Total Assets FY21 $600, 171 $650, 171 $866,894 $2,117,236 $8,334,470 $10,451,706 FY21 Balance Sheet Current Liabilities Accounts Payable Notes Payable Total Current Liabilities Long-Term Debt EFN Shareholder Equity Common Stock Retained Earnings Total Equity Total Liabilities & Equity FY21 $900, 171 $1,300,341 $2,200, 512 $2,800,000 $600,000 $4,851, 194 $5,451, 194 $10,451,706 FY21 Finances Sales Cost of Goods Sold Other Expenses Depreciation Taxable Income Taxes (21%) Net Income Growth Assumptions FY21 Income Statement Dividends Add to Retained Earnings FY21 $23,003,410 $18, 172,694 $2,530, 375 $920, 136 $1,380, 205 $289, 843 $1,090, 362 $500,000 $590, 362 Materials
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