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For 2015, Nathan's Food Stop reported a net income of $33,450 and total equity of $68,600. Nathan's debt-equity ratio is 0.86 and payout ratio is

For 2015, Nathan's Food Stop reported a net income of $33,450 and total equity of $68,600. Nathan's debt-equity ratio is 0.86 and payout ratio is 30 percent. What is Nathan's internal growth rate?

24.87 percent

26.08 percent

31.04 percent

35.96 percent

39.88 percent

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