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Deprey, Incorporated, had equity of $165,000 at the beginning of the year. At the end of the year, the company had total assets of $320,000.

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Deprey, Incorporated, had equity of $165,000 at the beginning of the year. At the end of the year, the company had total assets of $320,000. During the year, the company sold no new equity. Net income for the year was $35,000 and dividends were $4,600. a. 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 percent rounded to 2 decimal places, e.g., 32.16.) c. Calculate the internal growth rate using ROAb for end of period total assets. (Do not round intermediate calculations and enter your answer as percent rounded to 2 decimal places, e.9., 32.16.)

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