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Calculating Internal Growth ( LO 4 ) The most recent financial statements for Burnaby Co . are shown here: Assets and costs are proportional to

Calculating Internal Growth (LO4) The most recent financial statements for Burnaby Co.
are shown here:
Assets and costs are proportional to sales. Debt and equity are not. Burnaby maintains a
constant 30% dividend payout ratio. No external equity financing is possible. What is the
internal growth rate?
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