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Cash Stone Roses Co. Balance Sheet 550Accounts payable $150 Notes payable 5600 Long-term debt Equity Inventory Fixed assets $100 100 350 Total assets $800 Total

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Cash Stone Roses Co. Balance Sheet 550Accounts payable $150 Notes payable 5600 Long-term debt Equity Inventory Fixed assets $100 100 350 Total assets $800 Total liabilities & equity 250 $800 Stone Roses Co. Income statement Sales $800 Costs 600 $200 Taxes (34%) 68 $132 Net income Suppose the firm retains 28% of earnings, while assets and costs maintain a constant percentage of sales. If the firm is producing at full capacity what is the internal growth rate

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