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Deprey, Incorporated, had equity of $140,000 at the beginning of the year. At the end of the year, the company had total assets of
Deprey, Incorporated, had equity of $140,000 at the beginning of the year. At the end of the year, the company had total assets of $295,000. During the year, the company sold no new equity. Net income for the year was $30,000 and dividends were $3,600. Calculate the internal growth rate for the company. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. . Calculate the internal growth rate using ROA b for beginning of period total assets. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Calculate the internal growth rate using ROA b for end of period total assets. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) . a. Internal growth rate % b. ROA b (using beginning of period assets) % c. ROA b (using end of period assets) %
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